Question

Short term sources are bank credit, public deposit, commercial papers or all?

Answer 1

$\huge\bf\green{Answer}$

● Bank credit

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Answer 2

Answer:

Short term sources are Commercial papers. Commercial paper is a money-market security issued (sold) by large corporations to obtain funds to meet short-term debt obligations (for example, payroll) and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note.