Which of the Following Is NOT True

question 60

Multiple Choice

Which of the following is NOT true?

• A)The fastest growing area of finance companies in recent years has been in the area of leasing and business loans.
• B)Consumer loans represent the largest portion of the loan portfolio of finance companies.
• C)Finance companies rely on short-term commercial paper and customer deposits to finance their assets.
• D)Finance companies rely on short-term commercial paper and long-term debt to finance their assets.
• E)Finance companies are now the largest issuers of commercial paper in the U.S.

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