All of the following are potential advantages of commercial paper EXCEPT
A) ability to borrow very large amounts.
B) lower interest rates than comparable sources of short-term financing.
C) no compensating balance requirements.
D) flexible repayment terms.
D
Business
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How does labor specialization assist in reducing labor costs? (List three ways.)
What will be an ideal response?
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When a corporation designs an investment strategy for investing temporary excess cash balances in
marketable securities, it must consider a variety of factors. Which of the following is the least important? A) liquidity B) achieving the highest yield C) financial risk D) maintaining the safety of principal
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