Question
Which of the following statements is FALSE ? Question 5 options: The matching principle indicates that a firm should finance its permanent investment in working
Which of the following statements is FALSE?
Question 5 options:
| The matching principle indicates that a firm should finance its permanent investment in working capital with long-term sources of funds. |
| Financing part or all of the permanent working capital with short-term debt is known as a conservative financing policy. |
| A promissory note is a written statement that indicates the amount of the loan, the date payment is due, and the interest rate. |
| In a warehouse arrangement, the inventory that serves as collateral for the loan is stored in a warehouse. |
| None of the above is false |
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