Which of the following will help a firm accelerate the collection of customers' payments and the conversion of those payments into cash??
A. Lockbox arrangement?
B. ?Controlled disbursement accounts
C. ?Economic order quantity
D. ?Payables concentration
E. ?Zero-balance accounts
Answer: A
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Collecting information that is made available to multiple subscribers in standardized form would be characteristic of:
A) a syndicated data service firm B) an internal supplier firm C) customized process firms D) syndicated services firms E) a standardized service firm
Of the possible directions for 21 st century labor unions, which is most closely aligned with business unionism?
A. Citizen unionism B. Solidarity unionism C. Efficiency-enhancing unionism D. Employee empowerment unionism
In a linear programming model, the decision maker always seeks to minimize the objective function
a. True b. False
Which of the following statements is a characteristic of a pure risk?
A. It cannot be analyzed statistically. B. It refers to the uncertainty as to whether a voluntarily undertaken activity will result in a gain or a loss. C. It exists when the possibility of a loss is present but the possible extent of the loss is unknown. D. It is typically uninsurable.