Which of the Following Statements Is False

question 118

Multiple Choice

Which of the following statements is false?

• A) The check and remittance advice trigger the receive payment process.
• B) A bank lockbox provides more protection for cash than a system where cash receipts are mailed to the payee company and then deposited.
• C) Good funds are funds on deposit and available for use.
• D) From the standpoint of reducing the collector's float, a customer check is a better payment method than a debit card.

---

Definitions:

Sampling Frames

A list or database from which a sample is drawn, representing the entire population or target demographic for a research study.

Nonprobability Sampling

A method of sampling in which not every member of the population has an equal opportunity to be chosen.

Quota Sampling

A non-random sampling technique where the researcher fills quotas from different subgroups of the population.

Sample

A set of individuals or items selected from a wider population.