The Most Important Reason for Directly Issuing or Using Commercial

question 121

Multiple Choice

The most important reason for directly issuing or using commercial paper dealers is:

• A) the cost of borrowing is generally less than regular bank rates
• B) it's a profitable alternative to the purchase of Treasury bills
• C) the avoidance of compensating balances
• D) the convenience and profitability

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Definitions:

Aesthetic Efficiency

The principle of designing products or services to be both aesthetically pleasing and functionally efficient.

Preneed

Planning and arrangement for services and goods before they are needed, often in the context of funeral services.

Prefunding

The arrangement and payment for services or goods in advance, often used in the context of making arrangements for one's own funeral before death.

Prearranging

The act of planning or arranging in advance, often used in the context of funeral or burial arrangements.