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Answer: A,B

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Which one of the following provides a spontaneous source of financing for a firm?
A. Accounts receivable.
B. Accounts payable.
C. Debentures.
D. Preferred stock.
Answer: B
Explanation:
Choice "a" is correct. Accounts payable provide a spontaneous source of financing for a firm.
Choice "b" is incorrect. Accounts receivable take time to factor.
Choices "c" and "d" are incorrect.
Each of the following take time to issue:
C. Debentures.
D. Preferred stock.

NEW QUESTION: 3
The Application Server 5300 supports hard clients, soft clients and the convergence of hard and soft.
A. False
B. True
Answer: B


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