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

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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