Interest rates on short-term loans are more stable than long-term loans. Identify whether the preceding statement is true or false This statement is false. This statement is true. hem use a vanety of short term financing sources to support working capital. Use the descriptions in the following table to identify the short-term financing source. Short Term Financing Source Description A formal, committed line of credit extended by a bank or other lending institution. Unsecured, short-term promissory notes issued by large firms in denominations of $100,000 or more. the following statement identifies a possible characteristic of short-term financing. onsider this case: Interest rates on short-term loans are more stable than long-term loans Identify whether the preceding statement is true or false. This statement is talse, Revolving credit agreement This statement is true. Accruals intify the short-term Commercial paper Furms use a variety of short term financing sources to support working capital. Use the descripti financing source Trade credit Secured loan Description A formal committed line of credit extended by a bank or other lending institution Ginsecured, short-term promissory notes sued by large firms in denominations of $100,000 or more Acoutin Interest rates on short term loans are more stable than long-term loans. Identify whether the preceding statement is true or false. This statement is false. This statement is true. Commercial paper Frems use a vanety of short-term financing sources to support working capital in the describe Revolving creditoremonttity the short term financing source Accruals Trade credit Secured loan Description A formal, committed line of credit extended by a bank or other ending with Unsecured, short-term promissory notes issued by large firms in denominations of $100,000 or more