QUESTION Leadership and management are interchangeable. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A line of credit ________. a. allows a business to borrow short-term funds, up to a set amount, whenever it is necessary without having to apply for a new loan every time b. requires a company to use property as a collateral c. requires a company to use accounts receivable as collateral d. involves […]
Date: September 3rd, 2020
QUESTION Measuring risk versus ________ is the key to any investment decision. a. portfolio b. horizontal diversification c. return d. interest ANSWER c
Date: September 3rd, 2020
QUESTION In a free market, people generally may choose what they buy and sell. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION When a business uses accounts receivable as collateral for a bank loan, this is known as ________. a. factoring b. long-term financing c. pledging d. equity financing ANSWER c
Date: September 3rd, 2020
QUESTION The triple bottom line approach to sustainability focuses on people, planet, and product. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION The sale of accounts receivable to a third party at a discounted rate in exchange for immediate cash is called ________. a. factoring b. pledging c. long-term financing d. equity financing ANSWER a
Date: September 3rd, 2020
QUESTION The field of economics attempts to understand how individuals and countries act in response to certain material constraints. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Which of the following involves repaying a loan over periods longer than one year? a. short-term financing b. equity financing c. long-term financing d. retained earnings financing ANSWER c
Date: September 3rd, 2020
QUESTION The study of economics takes into account consumers’ irrational behavior in fulfilling their wants and needs. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
