CFA Practice Question

There are 120 practice questions for this study session.

CFA Practice Question

Which of the following questions relate to short-term financial planning?

I. How much cash should be kept on hand?
II. What is the optimal level of long-term unsecured credit?
III. How long should credit be extended to customers?
IV. Should the firm issue commercial paper?
Correct Answer: I, III, and IV

User Contributed Comments 5

User Comment
jpducros Why not II ?
erinelize because the question is asking about short-term financing and II pertains to long-term.
johntan1979 Why not you read the question carefully?
gill15 I dont know anything in this section and I dont want to read it.

I'm just using elimination and doing questions
ibrahim18 @gill15. Fasyesy way to fail.
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