Which of the Following Statements Best Describes Cash Management

question 107

Multiple Choice

Which of the following statements best describes cash management?

• A) A good cash management system minimizes disbursement float and maximizes collections float.
• B) If a firm begins to use a well-designed lockbox system, this will reduce its customers' net float.
• C) If Firm A can get its suppliers to permit it to pay by wire transfers rather than sending cheques through the mail, this would increase Firm A's net float and thus reduce its investment in cash.
• D) A highly efficient cash management system can enable a firm to always have a positive net float, a negative chequebook balance, and still not have its cheques bounce.

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Definitions:

Gender-Role Socialization

The process of teaching individuals the norms and behaviors expected of them by society based on their gender.

Physical Fitness

A state of health and well-being achieved through regular physical activity, proper nutrition, and sufficient rest, crucial for overall health and quality of life.

Stereotypic Roles

Socially fixed models of behavior based on gender, race, or occupation that individuals are expected to follow.

Gender Schema

A cognitive framework that organizes information related to gender into categorizations and associations.