Managers often use short-term loans or prearranged lines of credit to balance the cash budget.

Name: Managers often use short-term loans or prearranged lines of credit to balance the cash budget.
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

Managers often use short-term loans or prearranged lines of credit to balance the cash budget when there is a temporary shortage of cash. This helps to ensure that the company can continue operating smoothly without disrupting operations.

Managers Often Use Short-Term Loans or Prearranged Lines of Credit