BlackFriday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

AGA Exam CGFM Topic 3 Question 59 Discussion

Actual exam question for AGA's CGFM exam
Question #: 59
Topic #: 3
[All CGFM Questions]

Banks offer following short-term, loans, EXCEPT:

Show Suggested Answer Hide Answer
Suggested Answer: D

by Alpha at Sep 18, 2024, 09:13 PM

Limited Time Offer

25%

Off

Get Premium CGFM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Xochitl
1 months ago
I'm not sure, but I think B) Bond anticipation notes may not be offered as short-term loans by banks.
upvoted 0 times
...
Eve
1 months ago
I agree with Julio, because all the other options are types of short-term loans offered by banks.
upvoted 0 times
...
Na
1 months ago
C) Tax anticipation notes. Because who doesn't love paying taxes early? Yay, bureaucracy!
upvoted 0 times
Kimbery
18 hours ago
D) None of these
upvoted 0 times
...
Kassandra
2 days ago
C) Tax anticipation notes (TANs) or revenue anticipation of taxes or other revenue that will be received
upvoted 0 times
...
Dyan
28 days ago
B) Bond anticipation notes (BANs) in anticipation of future long-term financing
upvoted 0 times
...
Edna
29 days ago
A) A line of credit against which a specified dollar amount may be drawn with interest paid, usually monthly
upvoted 0 times
...
...
Julio
2 months ago
I think the answer is D) None of these.
upvoted 0 times
...
Slyvia
2 months ago
Ooh, this one's tricky. I'm going to have to go with my gut and say D) None of these. Banks love to throw curveballs like that!
upvoted 0 times
...
Marjory
2 months ago
A) A line of credit. That's the classic short-term bank loan, easy peasy.
upvoted 0 times
...
Francis
2 months ago
I'm going with B) Bond anticipation notes. Who doesn't love a good BAN, am I right?
upvoted 0 times
Huey
29 days ago
Mollie: Yeah, B) Bond anticipation notes might not be as reliable.
upvoted 0 times
...
Mollie
1 months ago
I agree, A) seems more practical.
upvoted 0 times
...
Nilsa
1 months ago
I think A) A line of credit is a better option.
upvoted 0 times
...
...
France
2 months ago
D) None of these. Banks definitely offer all of those short-term loan options. This one's a trick question!
upvoted 0 times
Ira
2 months ago
User 2
upvoted 0 times
...
Mila
2 months ago
User 1
upvoted 0 times
...
...

Save Cancel