Which of the Following Statements Is False

question 116

Multiple Choice

Which of the following statements is false?

• A)the cash conversion cycle is the time between when the firm pays its suppliers and when it collects money from its customers.
• B)Because commercial paper rates are typically below the U.S.Treasury bill rates, commercial paper is a valuable short-term financing source for high quality business firms.
• C)More efficient management of working capital assets will lessen the firm's need to obtain financing.
• D)All of the statements above are correct.

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Definitions:

Extra Benefit

The additional advantage or utility gained from consuming one more unit of a good or service.

Specific Product

A distinct good or service that is identifiable and distinct from others due to unique characteristics or features.

Increasing Marginal Opportunity Costs

The principle that as production of a good expands, the opportunity cost of producing an additional unit rises.

Discrimination

The practice of according individuals or groups inferior treatment in hiring, occupational access, education and training, promotion, wage rates, or working conditions even though they have the same abilities, education, skills, and work experience as other workers.