If a Period of Time Is Allowed to Elapse After

question 75

Multiple Choice

If a period of time is allowed to elapse after extinction and the conditioned stimulus is again presented,the stimulus will elicit a conditioned response.This reappearance of the conditioned response is called:

• A)experimental neurosis
• B)secondary extinction
• C)spontaneous recovery
• D)disinhibition

Understand the mechanisms to reduce collection float and the role of electronic payments in managing float.

Recognize the costs associated with holding too little or too much cash, and the role of money market instruments in liquidity management.

Learn the effects of environmental factors on float management.

Understand the calculations involved in determining net float and the implications for cash management.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Accounts Receivable Turnover

A financial ratio indicating how efficiently a company collects its accounts receivable, calculated as net credit sales divided by average accounts receivable.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management and sales performance.

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers for goods or services sold on credit.