Which Short-Term Financing Policy States That Short-Term Cash Needs Should

question 13

Multiple Choice

Which short-term financing policy states that short-term cash needs should be financed with short-term debt and long-term cash needs should be financed with long-term sources of funds?

• A) aggressive policy
• B) evergreen credit
• C) matching principle
• D) conservatism principle

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Definitions:

Governmental Policies

Strategies and measures developed and implemented by a government to achieve specific goals and address national concerns.

Imprisonment

The act of confining someone in a prison or as if in a prison as punishment for a crime or while awaiting trial.

Black Migration

Refers to the movement of African Americans from the rural Southern United States to the urban North, Midwest, and West from approximately 1916 to 1970, often called the Great Migration.

East St. Louis

A city in Illinois notable for the 1917 race riot, one of the most violent episodes of racial conflict in the 20th-century United States.