Which of the Following Is Not Associated with Short-Term Debt

question 78

Multiple Choice

Which of the following is not associated with short-term debt?

• A)Easily available to most companies.
• B)It is usually the lowest cost financing.
• C)It is a flexible form of financing.
• D)It is usually used to finance property, plant, equipment.

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Definitions:

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.

Fair Insurance Policy

An insurance contract that is both equitable to the insurer and insured, ensuring that the terms and conditions are just and reasonable to all parties involved.

Premium

The amount paid periodically to the insurer by the insured for covering his risk.

Expected Income

The amount of money an individual or entity anticipates earning over a certain period.