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Which of the following is not a spontaneous source of short-term funds?

<p><span>a- Trade credit</span></p> <p><span>b- Accrued expenses,</span></p> <p><span><span>c- Provision for dividend</span></span></p> <p><span><span>d- All of the above</span></span></p> <p> </p>

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Question added by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date Posted: 2014/12/09
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Provision for Dividend

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

ANSWER c- Provision for dividend

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Dear colleagues,

 

Thank you for your time and contribution.

 

The correct answer is C- Provision for dividend.

Gladzon Jose
by Gladzon Jose , Accountant , Max Rock Spectrum LLC

Answer is (C) Provision for Dividend

Main sources of short term financing are commercial papers,accrued expenses,bank financing,trade credit,factoring

 

Basit Ali
by Basit Ali , Director of Engineering , Laverda Suites & Villas / Blue Bay Resorts

Option D

Umer Sharif
by Umer Sharif , Consultant Lead Financial, Functional, Implementation of Infor ERP Syteline ‚ Eccountant & SmartHCM. , Bin Rasheed Technology Pvt Ltd.

C) Provision for dividend ,agreed,it can be short term source of funds and not spontaneous.

Kamran Anjum
by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh

D) All of the above.

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

Answer C 

Good question

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

B and C

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