Which of the Following Statements Is NOT True

question 39

Multiple Choice

Which of the following statements is NOT true?

• A) Accounts payable (trade credit), bank loans, and commercial paper are common sources of short-term financing.
• B) An informal line of credit is a verbal agreement between the firm and the bank, allowing the firm to borrow up to an agreed-upon limit.
• C) An informal line of credit is a special type of collateralized loan.
• D) A formal line of credit is also known as "revolving credit."

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Definitions:

Techno-ambiguity

The unclear or confusing relationship people have with technology, often related to its use or implications.

Techno-uncertainty

The unpredictability and instability in the workplace and society due to rapid technological change and innovation.

Techno-overload

The state of being overwhelmed by the amount of new technologies and information one is required to understand and manage.

Techno-stressor

Stress or pressure experienced due to the inability to cope with new technology or the overwhelming presence of technology in one's life.