Commercial finance companies usually charge a higher interest on secured short-term loans than commercial banks because the finance companies generally ends up with higher-risk borrowers
Indicate whether the statement is true or false
Answer: True.
Business
You might also like to view...
A strong record-keeping system allows you to
A) track expenses. B) know exactly how much you're spending. C) know where you're spending your financial resources. D) all of the above.
Business
Non-profit organizations use strategic controls, but not operational controls
Indicate whether the statement is true or false
Business