Unlike Spontaneous Sources of Financing, Discretionary Financing Requires a Managerial

question 115

True/False

Unlike spontaneous sources of financing, discretionary financing requires a managerial decision.

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Definitions:

Memo

A written message, usually in a business setting, intended to communicate information or instructions within an organization.

Face-to-Face Conversation

Direct interaction between two or more persons, where they communicate in each other's physical presence.

Location-sensing Capabilities

Refers to the technology in devices that allows them to determine and communicate their geographical position.

Mobile Devices

Portable electronic devices that have computing capabilities, including smartphones and tablets.