

MCQOPTIONS
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1. |
Which of the following would be consistent with a conservative approach tofinancing working 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 funds. |
Answer» C. financing seasonal needs with short-term funds. | |