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When a firm needs short-term funds for a specific purpose, the bank loan will likely be a:

 

compensating balance arrangement.

 

revolving credit agreement.

 

transaction loan.

 

line of credit.

Accounting Information Management Audit Management Project Management Management
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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/03/31
Upvote (3) Views (17) Followers (8) Answers (8) Report Question
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Usman Isa
by Usman Isa , Associate Director of Admissions , American University of Nigeria

Revolving credit agreement

Mohammed Fathe Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

Transaction loan ---------------------------

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

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.

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.transaction loan..........

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.

.

 

Deleted user

 

Agreed to majority

Thanks-----------

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Agree with all <<<<<<<<Thanks

MUHAMMED HARIS MI
by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.

Answer will be a Transaction loan>>>>>>>>>>>>>>

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+

My answer is option (C) Transaction Loan.

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>>>>>>> transaction loan.

 

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