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.

Identify the effects of systematic evaluation, escalation of commitment, and post-decisional justification on decision quality.

Grasp how implicit favorites and satisficing play into decision strategies.

Understand the role and basis of intuition in decision-making.

Comprehend the emotional aspects of decision-making and preference formation.

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Definitions:

Rewards

Positive reinforcements or incentives given to encourage a particular behavior or achievement.

Behavior

The actions or reactions of an organism, often in response to external stimuli, observable through various means.

Pavlovian Approach

A learning process that involves creating an association between a naturally occurring stimulus and a previously neutral stimulus.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.