Financial instrument which is used to raise funds for working capital is considered as

A commercial paper
B commercial notes
C notes payable
D notes receivable

Correct Answer: commercial paper

Financial instrument which is used to raise funds for working capital is considered as commercial paper. Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities.
Bissoy MCQ
#Management #International Finance And Treasury

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