A loan coming due within one year is classed as:
AShort listed
BShort term
CShort staffed
DShort sighted
Answer & Solution
Correct answer: B. Short term
1. The dividing line is twelve months.
2. Anything longer is long term.
3. So it is a short term loan.
_Source: OpenStax Introduction to Business, Chapter 16, Understanding Financial Management and Securities Markets._
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