Recent evidence suggests that checks written in the U.S. are ______ in importanc
ID: 2725066 • Letter: R
Question
Recent evidence suggests that checks written in the U.S. are ______ in importance, relative to electronic payment mechanisms:
Declining.
Growing.
Equivalent.
Unknown.
true or false_____Zero-balance services can be structured so that all ‘junior’ account balances are ‘swept’ nightly into the ‘senior’ account.
Short-term financial planning differs from long-term financial decisions:
Decisions are easily reversed.
There is far less uncertainty about the decision variables since the planning horizons are shorter.
‘a’ and ‘b’.
There is no difference.
true or false_____Short-term financial planning allows a firm to model different assumptions about sales growth rates and plan for the impact on cash flow, balance sheet, and income statement.
Explanation / Answer
1- C- Recent evidence suggests that checks written in the U.S. are Equivalent in importance, relative to electronic payment mechanisms.
2- True- Zero-balance services can be structured so that all ‘junior’ account balances are ‘swept’ nightly into the ‘senior’ account. Bank statements are produced to simulate account activity as if the account had been stand-alone. The bank can automatically ‘sweep’ (automated investment) remaining funds into either an overnight investment account or to pay down outstanding under a line of credit.
3- True- Short-term financial planning differs from long-term financial decisions:
4- True _____Short-term financial planning allows a firm to model different assumptions about sales growth rates and plan for the impact on cash flow, balance sheet, and income statement.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.