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:

Pragmatics

The practical use of language that includes the ability to adjust language communication according to audience and context.

Audience

A group of people who gather to watch, listen to, or read a performance, presentation, or work, becoming the receiver of the information or entertainment.

Control Processes

Mechanisms (including selective attention, metacognition, and emotional regulation) that combine memory, processing speed, and knowledge to regulate the analysis and flow of information within the information-processing system. Also called executive processes.

Information-Processing

A cognitive approach that compares the human mind to a computer, emphasizing how information is taken in, used, stored, and retrieved.