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Which short term borrowing from financial institutions

Assignment Help Managerial Accounting
Reference no: EM132774090

Problem 1: A short term borrowing from financial institutions where the loan is secured by accounts receivable:

A. Guaranty

B. Pledge

C. Surety Bond

D. Letters of credit

E. Deed of assignment

F. Suretyship Agreement

Problem 2: Comparison with the experience of other companies in your industry will determine whether or not your credit and collection policies are as effective as those of your competitors:

A. Industry averages

B. Payment terms

C. Past history

D. Invoices

E. Cash discounts

F. Delinquency charge

Reference no: EM132774090

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