Which of the Following Statements Is NOT Correct? Commercial Paper

question 30

Multiple Choice

Which of the following statements is NOT correct? Commercial paper:

• A)is a very old financial instrument.
• B)can get a bank acceptance to be more attractive.
• C)is an unsecured promissory note.
• D)trades at a discount of its face value.

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Definitions:

Trend Analysis

The practice of collecting information and attempting to spot a pattern, often used in financial markets, business strategy, and research.

SWOT Analysis

A strategic planning tool used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats.

Opportunities

Circumstances or situations that present potential for growth, improvement, or benefit, often requiring timely action to capitalize on them.

Grand Strategy

A comprehensive, long-term plan of essential actions by which an organization seeks to achieve its major objectives.