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NEW QUESTION: 1
Which of the following processes should be included in a benchmarking activity?
I.Identify key measures.
II.
Collect data on performances and practices.
III.
Identify opportunities for improvement.
A. II only.
B. II and III only.
C. I and III only.
D. I, II, and III.
Answer: D
NEW QUESTION: 2
The following forms of short-term borrowing are available to an entity: Floating lien Factoring Revolving credit Chattel mortgages Bankers' acceptances . Lines of credit Commercial paper
The forms of short-term borrowing that are unsecured credit are:
A. Factoring, chattel mortgage, bankers' acceptances, and line of credit
B. Revolving credit, bankers' acceptances, line of credit, and commercial paper
C. Floating lien, chattel mortgage, bankers' acceptances, and line of credit
D. Floating lien, revolving credit, chattel mortgage, and commercial paper
Answer: B
Explanation:
An unsecured loan is a loan made by a bank based on credit information about the borrower and the ability of the borrower to repay the obligation. The loan is not secured by collateral, but is made on the signature of the borrower. Unsecured credit is not backed by collateral. Revolving credit bankers' acceptances, lines of credit, and commercial paper are all unsecured means of borrowing. A chattel mortgage is a loan secured by personal property movable property such as equipment or livestock). A floating lien is also secured by property, such as inventory, the composition of which may be constantly changing. Factoring is a form of financing in which receivables serve as security.
NEW QUESTION: 3
What does the "green arrow" of this Issue mean?
A. The issue is closed
B. Today's date is after the Estimated Finish Date
C. The issue has been reported against an object, assigned to a user and has been resolved
D. Today's date is before the Estimated Finish Date
Answer: D
NEW QUESTION: 4
A. Option A
B. Option C
C. Option B
D. Option D
Answer: A
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