Which of the Following Would Not Be Included as a Source

question 91

Multiple Choice

Which of the following would not be included as a source of short-term financing?

• A)line of credit
• B)increase in the minimum operating cash balance
• C)sale of marketable securities
• D)stretching accounts payable

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Definitions:

Direct Labor Hour

The amount of time spent by employees directly working on producing goods or services.

Direct Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or standard) cost, used to manage labor costs more effectively.

Standard Rate

A predetermined cost or charge used as a benchmark in budgeting and pricing decisions.

Actual Rate

The real interest rate or cost rate applied in transactions, differentiating from theoretical or expected rates.