Which of the Following Statements Is Correct

question 101

Multiple Choice

Which of the following statements is correct?

• A) A lockbox system is an example of concentration banking.
• B) For a firm that has many divisions or plants operating over a wide geographic area,payables centralization offers little benefit.
• C) If a firm increases its disbursement float,its net float will also increase,other things held constant.
• D) There are no actions a firm can take to improve its synchronization of cash flows.
• E) A lockbox system does not affect collections float.

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Definitions:

Unified Protocol

A type of cognitive-behavioral therapy that's transdiagnostic, designed to treat a range of emotional disorders by targeting common underlying factors.

David Barlow

An influential psychologist known for his research and contributions to the understanding and treatment of anxiety disorders.

Cognitive Behavioral Therapy

A form of psychotherapy that treats problems by modifying dysfunctional emotions, behaviors, and thoughts through a goal-oriented, systematic procedure.

Family Systems Therapies

A branch of psychotherapy that focuses on treating individual problems within the context of family dynamics, recognizing the interdependence of family members.