Commercial paper is ____________in maturity.

A.two years or lessB.450 days or lessC.270 days or lessD.one year

2. The market for short term borrowing and lending is known as the_____ .A.capital marketB.stock marketC.money marketD.none of the above

3.Short-term credit is often used because it is typically______ thanlong-term debt.A.more expensiveB.more difficult to issueC.cheaperD.none of the above

4. Inventory is costly because _________________ and _________________?

A. Storage costs; money invested

B. reordering costs; employee costs

c. lost sales; low interest rates

d. none of these

5. Inventory Management is critical component of __________________?

A. Capital Budgeting

B. Capital Structure management

C. None of the above

d. Working capital management