Question

Which of the following is/are the source(s) of short term finance?

• A. Trade Credit
• B. Cash advance loan
• C. Short term Borrowings
• D. All of the above

Answer 1

Answer: (D)

All of the above

Short-term finance is the type of business financing where it is obtained for a year or less. The sources of short-term finance are trade credit, cash advance loans, and short-term borrowings.

Hence, option (D) is the correct answer.