Vidyalelo
Commerce · Q958

Financial Management

Graduate and Post Graduate · Commerce · question 958

Q958

Financial security kept by non-financial corporations is

A.
deposit cheque
B.
distribution cost
C.
short term treasury bills
Answer
D.
short term capital cost

Answer: Option C

Solution

Answer: Option C
Solution:
Financial security kept by non-financial corporations is short term treasury bills. Treasury bills are issued when the government need money for a shorter period while bonds are issued when it need debt for more than say five years.