Which of the Following Is Not a Means for a Bank

question 5

Multiple Choice

Which of the following is not a means for a bank to secure short-term loans made to a firm?

• A)Clean-up requirements
• B)Compensating balance
• C)Having a specific asset pledged as collateral for the loan
• D)Stretching payables

Determine the cost of goods sold and merchandise purchases.

Calculate expected cash disbursements.

Prepare budgets for sales, production, direct materials, and direct labor.

Understand the impact of inventory policies on budgeting.

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Definitions:

Neuron

A specialized cell transmitting nerve impulses; a fundamental unit of the brain and nervous system.

Axon

An elongated, thin extension of a neuron, or nerve cell, that generally transports electrical signals from the cell body of the neuron.

Messages

Units of communication that convey information, thoughts, or ideas from one entity to another.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord.