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AICPA Exam CPA-Business Topic 2 Question 10 Discussion

Actual exam question for AICPA's CPA-Business exam
Question #: 10
Topic #: 2
[All CPA-Business Questions]

Which one of the following financial instruments generally provides the largest source of short-term credit for small firms?

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Suggested Answer: C

Choice 'c' is correct. Trade credit generally provides the largest source of short-term credit for small firms.

Choices 'a', 'b', and 'd' are incorrect, per the above Explanation:.


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