Which of the Following Facts About the Buying Power of Women

question 76

Multiple Choice

Which of the following facts about the buying power of women is false?

• A)60% of Internet users are women,but they purchase less online than men.
• B)90% of women hold veto power over family buying decisions.
• C)75% of all mothers are now in the workforce.
• D)70% of all new businesses are now started by women.

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Definitions:

Cash On Hand

Funds that a company or individual has available in cash form, not invested or deposited in financial institutions.

Zero-balance Account

A type of bank account that maintains a balance of zero by automatically transferring funds from a master account in amounts only large enough to cover checks presented.

Surplus Cash

Excess cash that a company holds over and above the minimum operational funds required, often used for investment, dividends, or buybacks.

Lockbox System

A service offered by banks to companies for the collection of payments from customers, wherein the payments are sent directly to a post office box, thereby speeding up collection times.