Which of the Following Statements Is CORRECT

question 64

Multiple Choice

Which of the following statements is CORRECT?

• A)Borrowing by using short-term notes payable and then using the proceeds to retire long-term debt is an example of "window dressing." Offering discounts to customers who pay with cash rather than buy on credit and then using the funds that come in quicker to purchase additional inventories is another example of "window dressing."
• B)Borrowing on a long-term basis and using the proceeds to retire short-term debt would improve the current ratio and thus could be considered to be an example of "window dressing."
• C)Offering discounts to customers who pay with cash rather than buy on credit and then using the funds that come in quicker to purchase fixed assets is an example of "window dressing."
• D)Using some of the firm's cash to reduce long-term debt is an example of "window dressing."
• E)"Window dressing" is any action that does not improve a firm's fundamental long-run position and thus increases its intrinsic value.

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Definitions:

I/O Modules

I/O modules are hardware components used in industrial control systems to interact with the system's inputs and outputs, facilitating data exchange between the control system and external devices.

Power Interruption

A disruption in the flow of electrical power, which can be temporary or permanent, affecting the operation of electronic devices and systems.

RAM

Stands for Random Access Memory, a type of computer memory that can be accessed randomly; that is, any byte of memory can be accessed without touching the preceding bytes.

PLC Programming Device

A tool or software used for writing, debugging, and testing the program code for a Programmable Logic Controller.