Which of the Following Statements Is FALSE

question 45

Multiple Choice

Which of the following statements is FALSE?

• A)Unlike long-term debt,because of its short maturity,commercial paper is not rated by credit rating agencies.
• B)The interest on commercial paper is typically paid by selling it at an initial discount.
• C)Commercial paper is short-term,unsecured debt used by large corporations that is usually a cheaper source of funds than a short-term bank loan.
• D)Extending the maturity of commercial paper beyond 270 days triggers a registration requirement with the Securities and Exchange Commission (SEC),which increases issue costs and creates a time delay in the sale of the issue.

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Definitions:

Talent

The natural aptitude or skill possessed by an individual, especially as it pertains to their capability to perform a certain task or job.

Goal Setting

The method of defining precise, quantifiable, attainable, pertinent, and time-limited goals to be achieved.

Pathways

Refers to the routes or courses leading to a particular outcome or goal.

Canadian Workers

Individuals engaged in employment within Canada, subject to the country's labor laws and workplace culture.