Short-term debt refers to a. Money that the organization has just borrowed b. Money that must be
Question:
Short-term debt refers to
a. Money that the organization has just borrowed
b. Money that must be repaid at some time in the next 12 months
c. Money that has to be repaid at some time after the next 12 months
d. A form of debt that only requires the repayment of interest during the coming year.
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Related Book For
Financial Management for Public, Health and Not-for-Profit Organizations
ISBN: 978-1506326849
5th edition
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
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