The Financial Manager of Carolina Graphics Negotiated a ________ with Her

question 219

Multiple Choice

The financial manager of Carolina Graphics negotiated a ________ with her bank that allows Carolina to borrow up to $50,000 without collateral. This arrangement eliminates the need to renegotiate the terms of the loan and complete new paperwork each time Carolina borrows money. The preapproved short-term loan agreement is contingent upon the bank having the funds available

• A) line of credit
• B) factor agreement
• C) cash flow conversion
• D) renewable income option

---

Definitions:

Organizational Culture

The shared values, beliefs, and practices that influence how people behave in an organization.

Computer Programming

The process of designing, writing, testing, debugging, and maintaining the source code of computer programs.

Consulting Company

A firm that provides expert advice to businesses in a specific sector, helping them solve issues and optimize performance.

Organizational Culture

is the collection of values, beliefs, and behaviors that shapes the social and psychological environment of a business organization.