9) Moore & Moore has just finished projecting its expected cash receipts and expenditures for next year. What is this projection called? A) Operating projection B) Receivables schedule C) Balance sheet D) Cash budget E) Compromise policy 10) Which of these best describes a line of credit? A) Long-term, prearranged, committed bank loan B) Short-term loan secured by accounts receivable C) Short-term loan secured by inventory D) Long-term, prearranged, noncommitted bank loan E) Short-term prearranged bank loan that can be either committed or noncommitted 11) Accounts receivable financing is the term used to describe which one of the following types of loans that involve either the assignment or the factoring of a firm's accounts receivable? A) Secured short-term loan B) Unsecured short-term loan C) Secured long-term loan D) Unsecured long-term loan E) Trust receipt loan Version 1 FIN 215 Take Home Exam 5 12) By definition, an inventory loan is which one of the following types of loan? A) Secured short-term loan B) Unsecured short-term loan C) Secured long-term loan D) Unsecured long-term loan E) Trust receipt loan 4