Which of the Following Is Most Likely to Be Used

question 73

Multiple Choice

Which of the following is most likely to be used for basic transactions such as approving claims at insurance companies?

• A) Maintenance operations center advisor
• B) Podcasts
• C) Transaction-processing systems
• D) Expert systems
• E) Personal Digital Technology

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Definitions:

Bankers' Acceptances

Bankers' acceptances are short-term financial instruments issued by a company that banks guarantee; they are commonly used in international trade.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of accounts receivable, inventories, and meeting short-term liabilities.

Secondary Markets

Markets where securities are bought and sold after their initial issuance, allowing for liquidity and valuation of financial instruments.

Working Capital Financing Policy

Strategies a company uses to manage and finance its current assets and current liabilities to ensure it has sufficient liquidity to run its operations.