Which of the Following Does NOT Reduce the Length of Time

question 21

Multiple Choice

Which of the following does NOT reduce the length of time of collection float for a firm?

• A)Direct payment via online checking
• B)The firm paying suppliers with a credit card
• C)Lockboxes
• D)Electronic fund transfers (EFT)

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Definitions:

Self-fulfilling Prophecy

A prediction that causes itself to become true due to the belief and behavior of the person holding it.

Bloomers

A term often used in educational psychology to refer to students who show significant improvement in their performance, presumably due to certain interventions or expectations.

Intellectual Abilities

The capacities related to the mind such as reasoning, problem-solving, planning, abstract thinking, comprehending complex ideas, learning quickly, and learning from experience.

Central Route

A method of persuasion that involves deeply processing the content of a message, focusing on the quality of its arguments.