Which of the Following Statements Is Correct

question 101

Multiple Choice

Which of the following statements is correct?

• A) A lockbox system is an example of concentration banking.
• B) For a firm that has many divisions or plants operating over a wide geographic area,payables centralization offers little benefit.
• C) If a firm increases its disbursement float,its net float will also increase,other things held constant.
• D) There are no actions a firm can take to improve its synchronization of cash flows.
• E) A lockbox system does not affect collections float.

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Definitions:

Causes

Factors or events that bring about an effect or a change; reasons behind occurrences.

Thoughts

Mental cognitions, ranging from ideas and beliefs to memories and reasoning, that occur in the human mind.

Replicability

The ability of a study or experiment to be duplicated or replicated by other researchers to verify its findings.

Lung Cancer

A type of cancer that begins in the lungs, often associated with smoking, but can also occur in non-smokers due to various factors.