Which Statement Best Describes Short-Term Versus Long-Term Financing

question 18

Multiple Choice

Which statement best describes short-term versus long-term financing?

• A)Flexibility is an advantage of short-term credit, but this is somewhat offset by the high flotation costs associated with the need to repeatedly renew short-term credit.
• B)A short-term loan can usually be obtained more quickly than a long-term loan, but the penalty for early repayment of a short-term loan is normally significantly higher than that for a long-term loan.
• C)The flexibility, cost, and riskiness of short-term versus long-term credit are dependent on the type of credit that is actually used.
• D)Short-term debt is often less costly than long-term debt, and the major reason for this is that short-term debt exposes the borrowing firm to much less risk than long-term debt.

Understand the impact of cultural and environmental factors on sexual behavior and attitudes.

Distinguish between the biological and environmental influences on sexual orientation.

Recognize the importance of contraceptive use and the misconceptions surrounding it.

Describe how biological factors can influence sexual orientation and behaviors.

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Definitions:

School Phobia

Fear of attending school, marked by extreme anxiety at leaving parents.

Separating from Parents

The process of individuals gaining independence and autonomy from their parental figures.

Troubling Ideas

Thoughts or concepts that cause distress, anxiety, or discomfort, often challenging an individual’s beliefs or perceptions.

Realize

To become fully aware of (something) as a fact; to understand clearly.