Which of the following is a credit management decision?

A.

Putting money into short-term investments

B.

Putting money into an emergency fund

C.

Purchasing a used car with cash

D.

Obtaining a student loan to attend college or university

Opportunity cost represents

A.

what you give up as a result of making a decision.

B.

evaluating different alternatives for financial decisions.

C.

short- versus long-term financial decisions.

D.

the financial cost of any opportunity.

Which of the following is required in creating a cash flow statement?

A.

Amounts used for expenses

B.

The ideal emergency fund amount

C.

Value of all liabilities

D.

The values of all assets