Which One of the Following Statements Is Correct

question 3

Multiple Choice

Which one of the following statements is correct?

• A)Firms cannot use lockboxes if they use cash concentration accounts.
• B)Firms prefer to increase processing delay on disbursements.
• C)Firms prefer to eliminate all types of float.
• D)Firms open regional offices so their employees can pick up lockbox payments throughout the day.
• E)The Check Clearing Act for the 21^st Century is designed to reduce the collection time to one day.

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Definitions:

Physical Discipline

The use of physical force with the intention of causing a child to experience pain, but not injury, for the purpose of correction or control of the child's behavior.

Authoritarian

A child-rearing style in which parents demand submission and obedience.

Monthly Allowance

A fixed amount of money given regularly, often on a monthly basis, for expenses or personal use, typically provided to children or dependents.

Physical Discipline

A method of correcting or controlling behavior by applying a physical force or action, typically involving spanking or hitting.