Which of the Following Statements Is False

question 96

Multiple Choice

Which of the following statements is false?

• A) The cash conversion cycle is the time between when the firm pays its suppliers and when it collects money from its customers.
• B) Because commercial paper rates are typically below the U.S. Treasury bill rates, commercial paper is a valuable short-term financing source for high quality business firms.
• C) More efficient management of working capital assets will lessen the firm's need to obtain financing.
• D) Commercial paper is a form of unsecured short term borrowing.

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Definitions:

Organizational Goals

The objectives or targets that an organization aims to achieve, typically designed to guide its strategic direction.

Personal

Relating to or affecting a particular person rather than anyone else, or belonging or relating to a single or specific individual rather than a group or an organization.

Lateral

Pertaining to or situated at the side, often used in reference to horizontal movements or relationships within organizations.

Cultural Differences

The variations in the practices, customs, and behaviors of different societies or cultures.