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Is a minimum balance that must be maintain in a bank account to offset the cost incurred by a bank to set up business loans:
Is a minimum balance that must be maintain in a bank account to offset the cost incurred by a bank to set up business loans:
a. Compensating Balance
b. Transaction balance
c. Precautionary Balance
Is the policy of financing part or all of the permanent working capital with short-term debt:
a. Conservative Financing Policy
b. Matching principle policy
c. Aggressive Financing Policy
Which are correct and why ?
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