The Most Common Means of Financing a Temporary Cash Deficit

question 85

Multiple Choice

The most common means of financing a temporary cash deficit is a:

• A)long-term secured bank loan.
• B)short-term secured bank loan.
• C)short-term issue of corporate bonds.
• D)long-term unsecured bank loan.
• E)short-term unsecured bank loan.

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Definitions:

Sensitivity

The quality or condition of being sensitive; the ability to perceive or feel emotions and sensations or respond to external stimuli.

Adolescence

The transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.

Preschool Age

The period in a child's life before they are old enough to attend kindergarten, typically between ages 3 and 5.

Rough-And-Tumble

Play that involves physical activities such as running, chasing, and play-fighting, typically among children.