One of the Advantages of an Overdraft Facility,from the Viewpoint

question 96

True/False

One of the advantages of an overdraft facility,from the viewpoint of a borrower,is it can be used to smooth out any seasonal mismatch between its cash inflows and outflows.

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Definitions:

Successional Change

The gradual process by which ecosystems change and develop over time, following disturbance or the establishment of new habitats.

Pioneer Species

The first species to colonize previously disrupted or damaged ecosystems, starting a chain of ecological succession.

Climax Community

A stable community that has reached a steady state after a succession of ecological communities have evolved and there are no further major changes.

Competitive Exclusion

The ecological principle that two species competing for the same resources cannot coexist at constant population values if other ecological factors remain constant.