MCQOPTIONS
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| 1. |
Which of the following would be consistent with a conservative approach to financingworking capital? |
| A. | Financing short-term needs with short-term funds |
| B. | Financing short-term needs with long-term debt |
| C. | Financing seasonal needs with short-term funds |
| D. | Financing some long-term needs with short-term fund |
| Answer» C. Financing seasonal needs with short-term funds | |