Which of the Following Statements Is FALSE

question 19

Multiple Choice

Which of the following statements is FALSE?

• A)When following a conservative financing policy,a firm would use long-term sources of funds to finance its fixed assets,permanent working capital,and some of its seasonal needs.
• B)An aggressive financing policy also increases the possibility that managers of the firm will use excess cash nonproductively-for example,on perquisites for themselves.
• C)A firm could finance its short-term needs with long-term debt,a practice known as a conservative financing policy.
• D)To implement a conservative financing policy effectively,there will necessarily be periods when excess cash is available-those periods when the firm requires little or no investment in temporary working capital.

Describe the geographic distribution of mineral resources in Canada and the significance of the Canadian Shield.

Recognize the potential environmental benefits of alternative materials and technologies over traditional metal mining.

Understand the relationship between mining practices, recycling measures, and the extension of depletion time for mineral resources.

Understand different organizational models and their communication characteristics.

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Definitions:

Title Insurance Company

A company that issues insurance policies to protect purchasers and lenders in real estate transactions from losses due to title defects.

Paralegal

A legal professional who assists attorneys in the delivery of legal services, often involved in case research, document preparation, and other support tasks.

Buyer's Attorney

A legal professional who represents the interests of the buyer in transactions, ensuring their rights and interests are protected.

Title Examination

The process of reviewing and analyzing legal documents related to property ownership to ensure the title is valid and free from defects or encumbrances.