Ch16 Multiple Choice Part 2

Ch16 Multiple Choice Part 2 - Good financial managers...

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(p. 490) Good financial managers minimize the amount of cash available to pay bills in A. marketable securities. m B. transaction balances. t C. inventory. i D. the float. t E. banker's acceptances. AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Hard D Learning Objective: 1 L 16. (p. 491) Because having idle cash on hand is undesirable, a manager may choose to invest in A. credit cards. c B. debit cards. d C. working capital. w D. marketable securities. m E. capital outlay. AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Easy D Learning Objective: 1 L
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17. (p. 490) Managing working capital by having a bank pick up payments and immediately record them is known as A. electronic funds transfer. e B. playing the float. p C. lockbox collections. c D. a transaction balance. a E. economic order quantity. AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Medium D Learning Objective: 1 L 18. (p. 491) To raise money for its operating expenses, the U.S. government may issue short-
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Ch16 Multiple Choice Part 2 - Good financial managers...

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