Which of the Following Sources of Short-Term Financing Is Likely

question 150

Multiple Choice

Which of the following sources of short-term financing is likely to have the lowest interest rate?

• A) accounts receivable loan (pledging of accounts receivable)
• B) line of credit
• C) line of credit with a compensating balance
• D) commercial paper

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Definitions:

Social Stratification

The hierarchical arrangement of individuals or groups in society based on wealth, power, status, or other criteria.

High Mobility

Refers to the ability of individuals, goods, or information to move or be moved quickly and easily within or across geographical, social, or digital spaces.

Equality of Opportunity

The principle that all individuals should have the same opportunities to achieve success and advancement, without discrimination based on race, gender, class, or other irrelevant factors.

Equality of Condition

An ideal state wherein all individuals have the same access to resources, opportunities, and rights, eliminating disparities based on socio-economic status or other attributes.