Which Statement Is Correct

question 11

Multiple Choice

Which statement is correct?

• A)Short-term assets should be financed by long-term liabilities.
• B)Long-term liabilities should be used to finance long-term assets.
• C)Short-term liabilities should be used to finance long-term assets.
• D)None of the above.

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Definitions:

Fairness And Justice

The concepts and practices of treating individuals equitably, without discrimination, and in accordance with established rules and ethics.

Honesty

The quality of being truthful, transparent, and free from deceit or fraud in one's actions and statements.

Equality

The state of being equal, especially in status, rights, and opportunities.

Self-Efficacy

An individual's belief in their own capability to execute behaviors necessary to produce specific performance attainments.