Debt Is Not a Free Resource Because

question 22

Multiple Choice

Debt is not a free resource because

• A)The use of debt funds is restricted as designated by the debt instrument.
• B)Companies must pay interest on the borrowings.
• C)Companies must restrict cash flow until the debt is repaid.
• D)Companies do not pay interest on the borrowings.

---

Definitions:

Propylaia

Greek, "gates."

Acropolis

Greek, “high city.” In ancient Greece, usually the site of the city’s most important temple(s).

Portraiture

The art of creating portraits, which are representations of individuals, typically focusing on the face and expression.

François Vase

A celebrated ancient Greek vase, known for its detailed black-figure decorations depicting various mythological scenes, created by the potter Ergotimos and painter Kleitias.