Which one of the following is short period debt meant to meet current needs, that is filling temporary gap in budgets?
A. Funded debt
B. Unfunded debt
C. Redeemable debt
D. Irredeemable debt
Answer:B
Which one of the following is short period debt meant to meet current needs, that is filling temporary gap in budgets?
A. Funded debt B. Unfunded debt C. Redeemable debt D. Irredeemable debt