Examlex

Solved

Because Financial Ratios Usually Are Expressed in Compressed Time Horizons

question 43

True/False

Because financial ratios usually are expressed in compressed time horizons, they often cause management myopia.


Definitions:

Signature

A person's name written in a distinctive way as a form of identification in authorizing a document.

Time Draft

A type of financial instrument that allows the payer to delay payment until a specified future date, as indicated on the draft.

Sight Draft

A financial document that demands payment on presentation to the drawee.

Promissory Note

A financial document in which one party promises to pay another party a specified sum of money at a specified time.

Related Questions