Which of the Following Does NOT Reduce the Length of Time

question 40

Multiple Choice

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

• A) Electronic fund transfers (ETF)
• B) Lockboxes
• C) Direct payment via on line checking
• D) All of the above reduce the length of time of collection float for a firm.

Understand the role and components of phloem including its conducting elements.

Recognize the importance and location of meristematic tissue in plants.

Describe the characteristics and functions of cells that contribute to plant growth and support, such as sieve tube elements and guard cells.

Explain the process of primary and secondary growth in plants and their outcomes.

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Definitions:

Cost Of Goods Sold

An accounting term representing the direct costs attributable to the production of goods sold by a company, including materials and labor.

Fixed Manufacturing Overhead

Costs in manufacturing that do not vary with the level of production, such as rent, depreciation, and salaries.

Inventories

Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials to be consumed in the production process.

Deferred

Refers to expenses or income that has been incurred but not yet recognized in the accounts, to be recognized in a future period.