Examlex
Which of the following statements is not correct?
Short-term Financing
Refers to the obtaining of loans or other monetary support for a period of typically less than one year, to address immediate financial needs.
Long-term Financing
Funding obtained for a time frame exceeding one year in duration, typically used for acquiring or investing in assets that have a long useful life.
Carrying Costs
Expenses associated with holding inventory, including storage, insurance, and opportunity costs, impacting a company's financial performance.
Orders
Directions or commands given by authority, or customer requests for goods or services.
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