Generally,more Use Is Made of Short-Term Financing Because

question 120

Multiple Choice

Generally,more use is made of short-term financing because:

• A) short-term financing is usually more predictable than long-term financing.
• B) most firms do have easy access to the capital markets.
• C) short-term interest rates are generally higher than long-term interest rates.
• D) short-term interest rates are generally lower than long-term interest rates.

---

Definitions:

Aggressive Impulses

Natural or instinctive drives toward hostile behavior or expressions of anger or frustration.

Psychosexual Stages

In Freud’s theory, developmental periods with a characteristic sexual focus that leave their mark on adult personality.

Genital

Relating to the external organs of reproduction.

Latency

The period or delay between a stimulus and the response to it; often used in psychology and computing.