All the following can create disbursement float except the:
A) payment of wages.
B) payment for raw materials.
C) disbursement of funds to a supplier.
D) distribution of cash dividends.
E) sale of an asset.
Correct Answer:
Verified
Q1: The cost of holding cash:
A)is the opportunity
Q2: When a firm writes a check,there is
Q3: Firms hold cash to satisfy the transaction
Q4: The fastest but most expensive way for
Q5: Firms would need to hold zero cash
Q7: By getting closer to the source of
Q8: Firms hold cash,in part,to satisfy compensating balance
Q9: Average daily float can be calculated as:
A)Average
Q10: Which one of these probably has reduced
Q11: Determining the appropriate cash balance involves assessing
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