Question: A cash forecast is an important tool in determining the amount bank credit line to negotiate. TRUE FALSE Using funds not your own is called

A cash forecast is an important tool in determining the amount bank credit line to negotiate.
TRUE FALSE
Using funds not your own is called financial leverage.
TRUE FALSE
Short term borrowing costs more than long term borrowing.
TRUE FALSE

A duty of the Treasury Department is to minimize the time it takes to process a payment.
TRUE FALSE

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