Which of the Following Are Benefits of Compiling a Short-Term

question 73

Multiple Choice

Which of the following are benefits of compiling a short-term financial plan?
I. knowing ahead of time when your firm will probably require external financing
II. being able to estimate how long of a time period your firm might need a loan
III. being able to determine when your firm can best afford to spend funds on a capital expenditure
IV. knowing when your firm should have excess funds that can be invested

• A) I and III only
• B) I, II and IV only
• C) II, III and IV only
• D) I, II and III only
• E) I, II, III and IV

Understand the federal jurisdiction over certain types of laws according to the Canadian Constitution.

Recognize the implications and legal foundations of copyright protection in Canada.

Understand the processes and consequences of amending the Canadian Constitution.

Grasp the role and function of administrative tribunals and boards in the regulation of specific activities.

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Definitions:

Price-fixing

An illegal agreement among competitors to maintain prices at a certain level, preventing the forces of competition from dictating market prices.

Sherman Act

The federal antitrust law of 1890 that makes monopoly and conspiracies to restrain trade criminal offenses.

Federal Energy Regulatory Commission

The Federal Energy Regulatory Commission (FERC) is a U.S. government agency that regulates the interstate transmission of electricity, natural gas, and oil.

U.S. Justice Department

The federal executive department responsible for overseeing the enforcement of federal laws, including antitrust law, civil rights, and criminal law.