Question 40 One major benefit of a cash budget is that it can help a business decide whether short-term borrowing needs exist. True False Question 41 It is illegal for a lending institution to consider the past credit history of the borrower when deciding whether to grant credit True False Question 42 Common stock is not an equity investment Question 43 True False Depreciation is used by individuals and businesses to lower tax liabilities True False Question 44 Treasury bonds are used by the government to secure fundings to pay debt True False