The CAPLine Program offers short-term capital to growing companies needing to finance seasonal buildups in inventory or accounts receivable

Indicate whether the statement is true or false.

Answer: TRUE

Business

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One of the key advantages of an EDI (Electronic Data Interchange) system is:

A) it allows easy access to all company data to vendors. B) its transaction formats are universal. C) it allows third-party transmission connections to company data. D) it saves both time and money by using different languages. E) vendors receive orders by voice mail.

Business

Stock held in treasury is a means of increasing the number of shares outstanding

Indicate whether the statement is true or false.

Business