Which of the following is used to manage a firm's cash disbursements?

Question

Quizplus · Accepted Answer

Zero balance accounts are used to manage a firm's cash disbursements by automatically transferring only enough money from a master account to cover the disbursements. This helps to optimize cash usage and reduces the need for manual transfers. Lockbox systems are used to speed up the collection of incoming funds, not manage disbursements. Bankers' acceptances and repurchase agreements are used for short-term financing and investments, not for managing cash disbursements.

Which of the Following Is Used to Manage a Firm's