Business Organizations Always Use Long-Term Financing for (Both) Short-Term and Long-Term

question 134

True/False

Business organizations always use long-term financing for (both) short-term and long-term needs, but they never use short-term financing for (both) short-term and long-term needs.

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Definitions:

PPACA

The Patient Protection and Affordable Care Act, a comprehensive health care reform law enacted in March 2010, aimed at expanding health insurance coverage in the United States.

Firms

Firms are business entities established to produce goods or provide services with the goal of earning profits in a market economy.

Health Care System

An organized network of institutions, resources, and people intended to deliver health care services to meet the health needs of target populations.