Which of the Following Is True of Perfecting Security Interests

Multiple Choice

Which of the following is true of perfecting security interests?

A) A continuation statement may be filed within a year before the five-year expiration date.
B) A financing statement is effective for a period of one year from the date of filing.
C) Filing a financing statement in the appropriate public office is one of the least used ways of perfecting a security interest.
D) Possession, a possible way of perfecting a security interest in inventory, is sometimes achieved through a field warehousing arrangement.