Which of the Following Statements Is NOT CORRECT

question 37

Multiple Choice

Which of the following statements is NOT CORRECT?

• A) Commercial paper can be issued by virtually any firm so long as it is willing to pay the going interest rate.
• B) Accruals are "free" in the sense that no explicit interest is paid on these funds.
• C) A conservative approach to working capital management will result in most if not all permanent current operating assets being financed with long-term capital.
• D) The risk to a firm that borrows with short-term credit is usually greater than if it borrowed using long-term debt. This added risk stems from the greater variability of interest costs on short-term debt and possible difficulties with rolling over short-term debt.

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Definitions:

Locus of Control

A psychological concept referring to the extent to which individuals believe they have control over the events in their lives, as opposed to external forces or chance.

Alternative Helping Model

A conceptual framework for helping or counseling that deviates from traditional methods, often incorporating culturally sensitive or holistic approaches.

Traditional Healing Practices

Healing practices rooted in indigenous or historical cultural traditions, which may include herbal remedies, spiritual beliefs, and manual therapies.

Bilingual Service Providers

Professionals who offer their services in two languages, making them accessible to speakers of both languages.