With Regard to the Hedging Principle,which of the Following Would

question 142

Multiple Choice

With regard to the hedging principle,which of the following would be an appropriate method to finance a minimum level of current assets required for year round operations?

• A) short-term notes payable
• B) trade credit
• C) common stock
• D) revolving credit agreements that must be repaid in a period less than 1 year

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Definitions:

Impression Management

The process by which individuals attempt to control the perceptions others have of them.

Phony

Not genuine; fake or deceitful in character or behavior.

Selective Perception

The tendency to define problems from one’s own point of view.

Screened Out

The process of eliminating candidates or options that do not meet predefined criteria.