Which of the following is a common method of disbursement or cash outflow control??
A. Lockbox arrangement?
B. ?Zero-balance account
C. ?Concentration banking
D. ?Preauthorized debits
E. ?Net float agreement
Answer: B
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A) achievers B) believers C) makers D) innovators
A convertible security is used in the computation of
a. diluted earnings per share. b. simple earnings per share. c. undiluted earnings per share. d. primary earnings per share.
For the franchisor, the capital required to expand a venture quickly is more than it would be without franchising.
Answer the following statement true (T) or false (F)
A contract that does not satisfy the writing requirement of the Article 2 statute of frauds, but which is otherwise valid, is enforceable in which of the following situations?
a. Where the goods have been delivered and accepted. b. Where payment has been accepted. c. Where the goods have been specially manufactured and are not suitable for resale in the ordinary course of business. d. All of these are situations where the contract would be enforceable.