A Firm's Financing Requirements Can Be Separated into ________

question 158

Multiple Choice

A firm's financing requirements can be separated into ________.

• A) current liabilities and short-term funds
• B) current assets and fixed assets
• C) current liabilities and long-term debt
• D) seasonal and permanent

---

Definitions:

Energized

To be energized means to supply or be supplied with electric power, causing a device, circuit, or component to become active or operative.

Normally Closed

A term used to describe a state of a switch or relay when its contacts are closed, allowing current to flow, in the absence of an actuating signal.

Master Control

A centralized control mechanism or system that regulates or guides the operations of various components within a larger system or machine.

Normally Closed

A term describing a contact or circuit condition that is closed (allowing current flow) when in its default, unactuated state.