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Basic Question 1 of 15

The least reliable form of bank borrowing is:

A. uncommitted lines of credit
B. asset-based loans
C. revolving credit agreements

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

compare short-term funding alternatives available to corporations and financial institutions

CFA® 2025 Level I Curriculum, Volume 4, Module 4.