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Basic Question 4 of 15
Which of the following questions relate to short-term financial planning?
II. What is the optimal level of long-term unsecured credit?
III. How long should credit be extended to customers?
IV. Should the firm issue commercial paper?
I. How much cash should be kept on hand?
II. What is the optimal level of long-term unsecured credit?
III. How long should credit be extended to customers?
IV. Should the firm issue commercial paper?
User Contributed Comments 5
| User | Comment |
|---|---|
| jpducros | Why not II ? |
| erinelize | because the question is asking about short-term financing and II pertains to long-term. |
| johntan1979 | Why not you read the question carefully? |
| gill15 | I dont know anything in this section and I dont want to read it. I'm just using elimination and doing questions |
| ibrahim18 | @gill15. Fasyesy way to fail. |
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Learning Outcome Statements
describe issuers' objectives and compare methods for managing working capital and liquidity
CFA® 2025 Level I Curriculum, Volume 2, Module 4.