The Most Common Benchmark Used for Pricing a Bank Loan

question 13

Multiple Choice

The most common benchmark used for pricing a bank loan is:

• A)LIBOR.
• B)bankers' acceptance rate.
• C)the prime rate.
• D)all of the above

---

Definitions:

Revenue Journal

A specialized accounting journal used to record all the revenue transactions of a business, ensuring they are accounted for in the period they are earned.

Office Supplies

Items used in offices for daily operations, including paper, pens, and other materials not directly linked to the manufacturing process.

Supplier's Account

An account used to record transactions and balances owed to suppliers.

Customer Account

An account representing the ongoing transactions, balances, and records of purchases and payments between a company and its customer.