IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 54 Topic 6 Discussion

IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 54 Topic 6 Discussion

IIA-CIA-Part3-3P Exam Topic 6 Question 54 Discussion:
Question #: 54
Topic #: 6

Which of the following borrowing options is an unsecured loan?


A.

Second-mortgage financing from a bank.


B.

An issue of commercial paper.


C.

Pledged accounts receivable.


D.

Asset-based financing.


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