From the Banker's Point of View, Short-Term Bank Credit Is

question 117

Multiple Choice

From the banker's point of view, short-term bank credit is an excellent way of financing

• A) fixed assets.
• B) permanent working capital needs.
• C) repayment of long-term debt.
• D) seasonal bulges in inventory and receivables.

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Definitions:

Organizational Goals

These are strategic objectives that a company aims to achieve; they serve as guiding principles that drive the organization's direction and decision-making processes.

Formal Groups

Groups created with a specific purpose or goal, often within organizational contexts, characterized by structured roles and responsibilities.

Informal Groups

Natural social formations that arise within the workplace or other organizations without formal structure, based on common interests, friendships, or shared objectives.

Friendship

Friendship is a deeply interpersonal relationship marked by mutual affection, trust, support, and respect.