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Terrance Is a Manager at a Bank

Question 23

Multiple Choice

Terrance is a manager at a bank. He has to decide whether to lend $10,000 to Weed and Prune, a landscaping company. He should


A) approve the loan application without checking the company's credibility.
B) review the company's financial statements.
C) prepare an organizational budget.
D) report the organization's financial performance to outsiders.
E) turn down the loan application.

Correct Answer:

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