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    Institute of Internal Auditors (IIA)
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    Exam 5: Business Analysis and Information Technology
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    Which of the Following Borrowing Options Is an Unsecured Loan
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Which of the Following Borrowing Options Is an Unsecured Loan

Question 249

Question 249

Multiple Choice

Which of the following borrowing options is an unsecured loan?


A) Second-mortgage financing from a bank.
B) An issue of commercial paper.
C) Pledged accounts receivable.
D) Asset-based financing.

Correct Answer:

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