A company that has small daily cash flows,minimal computer facilities,and untrained treasury personnel,would tend to use a disbursement system that is

Question

Quizplus · Accepted Answer

Given the constraints of small daily cash flows, minimal computer facilities and untrained treasury personnel, it is unlikely that the company has the resources to invest in an automated and ACH-based disbursement system or to fully outsource the process to a third-party. Therefore, the most feasible option for the company would be to use a manual and paper-based disbursement system that is simple to operate and does not require significant technical expertise. Such a system may involve the use of physical checks or cash transactions that can be recorded and tracked manually, thereby ensuring that the company's disbursements are managed efficiently despite the limitations of their resources.

A Company That Has Small Daily Cash Flows,minimal Computer Facilities,and