Short term self liquidating loans are intended to
Pressure to increase current asset buildup often results from A.
Working capital management is primarily concerned with the management and financing of A.
Which of the following is not a true statement about automated clearinghouses (ACHs)? Automated clearinghouses are responsible for the check clearing process between commercial banks and the Federal Reserve Banks. Commercial transactions using automated clearinghouses have been growing at close to 17% per year since 1989. Debits drawn on automated clearinghouses cost less than half that of checks processed through financial institutions. The ability to reduce transactions costs and create convenience is driving the growth of automated clearinghouses. Some of the services provided around the clock by SWIFT are A.
it satisfies the firm's need for long-term funds. there are no required lines of credits at the bank. it is very easy to roll over (refinance) in times of economic turmoil. Which of the following is not a characteristic of commercial paper?