Which of the Following Is Not an Advantage of Secondary

question 11

Multiple Choice

Which of the following is not an advantage of secondary analysis?

• A) Cost and time
• B) More reliable results
• C) High quality data
• D) Opportunity for cross-cultural analysis

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Definitions:

Revolving Credit

A credit line allowing the borrower to use, repay, and reuse funds up to a certain limit.

Guaranteed Line

A credit line that is assured to be available to the borrower by the lender, typically used to ensure liquidity for businesses.

Compensating Balances

Minimum cash balances that a business agrees to maintain in its account as part of a loan agreement, often used to reduce the lender's risk.

Pledging Agreement

An agreement where a borrower pledges an asset as collateral to secure a loan, ensuring the lender can seize the asset if the loan defaults.