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Which of the following is not true for a Standard Operating Loan? It is the most suitable type of loan for a crop producer It

Which of the following is not true for a Standard Operating Loan?

It is the most suitable type of loan for a crop producer

It implies that no cash flow budgeting is used to forecast borrowing needs

It is inefficient if you need to borrow several times over a short period of time

Separate borrowing transactions and notes are arranged each time financing is needed

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