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O-LevelCommerceFinance7100/11 · Oct/Nov 2017 · Q381 Mark

What is an example of short-term finance for a company?

Aapplying for a government grant

Bextending trade credit with its suppliers

Cincreasing the number of shares on offer to the public

Dtaking out a new loan

✓ Correct answer

B: extending trade credit with its suppliers

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2017 Paper 1 Variant 1, question 38.

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