CFA Practice Question

There are 120 practice questions for this study session.

CFA Practice Question

Which of the following questions are considered a part of short-term finance?

I. How much credit should be extended to customers?
II. What is a reasonable level of cash for the firm to maintain?
III. How much of the firm's current income should be paid out as dividends?
IV. Should the firm issue commercial paper or obtain a bank loan?
A. I, II and III
B. I, II, and IV
C. II, III and IV
Explanation: II: The level of cash is also a short-term financing consideration.

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