Which of the Following Is True of Financing Statements

question 44

Multiple Choice

Which of the following is true of financing statements?

• A) They cannot be electronically filed.
• B) They are effective for one year from the date of filing.
• C) They cannot be extended once they expire.
• D) They are available for review by the public.

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Definitions:

Macro

A set of instructions that automate repetitive tasks within software applications.

Conditional Expression

An expression that evaluates to true or false based on a specific condition, often used in control structures like if-then-else statements.

If Statement

A conditional statement in programming that executes a block of code if a specified condition is true and often includes an else clause for when the condition is false.

Evaluated

The process of assessing or examining something to determine its value, quality, or importance.