Which of the following is not considered an effective cashmanagement strategy?Multiple ChoicePlanning expenditures.Delaying payment of liabilities until the last possibleday.Retaining excess cash for unexpected expenditures.Keeping only necessary assets.Encouraging collection of receivables by offeringdiscounts for early payments.

Cash management: It implies to a process that includes the management, collection, and effective…

Answered: Which of the following is not…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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What is the purpose of setting up a petty cash fund? Select one: O O a. to allow cash for personal use b. to pay for all expenses c. to pay for regular operating expenses d. to pay for small, incidental expenses
Question: Which of the following is not a control over debtors? a. investigation the credit worthiness of each other. b. sending out regular statements. c. monitoring all overdue accounts. d. paying within discount period. required: please answer this question by choosing the right options.
Clearly explain the advantages and disadvantages of cash on delivery transactions and credit sales. Relate your answers to the management of accounts receivable. b. What steps should be taken by a business to reduce/eliminate excessive inventory? Explain your answer clearly.
cash? هذا خلاص A cash payment under a good control system will have. a. Too much amount Bank book balance b. Appointing different persons to authorize the payment and sign the cheques С. Too much amount book balance d. Maintaining minimum bank book balance
9. 2S within the central Arizona area. a. Which of the following represents a correct statement concerning the risk of misappropriation of cash for SSC? Multiple Choice This is not a major concern because sales are made on credit. Deposit of cash into a lockbox system decreases the risk of misappropriation. Misappropriation of cash is not a significant problem in a commercial company. The success of QSand increases the risk that cash will be misappropriated. Presentation se....pdf Untitled docume..pdf Untitled docume....pdf Untitled do MacBook Air 02 F3 D0O F4 000 F2 888 F5 F6 114 DEOE
High level cash management strategies include a.petty cash b.delaying payment for suppliers c.cash over and short d.bank reconciliations
Which of the following is NOT an advantage of depositing funds into a bank account (compared to directly purchasing corporate bonds and shares): Options 1. Higher transactions costs 2. Monitoring performed by the bank on behalf of the depositor 3. Better liquidity if funds are needed quickly 4. Efficient payment services 5.Reduced price risk if funds are needed immediately
Keeping cash locked away is an example of which control activity? a. Authorization b. Performance reviews • c. Physical control d. Segregation of duties
Indicate whether the following statements are true or false. A guideline for safeguarding cash is to separate the duties of those who have custody of cash from this who keep cash records. Choose... + A guideline for safeguarding cash is that all cash receipts be deposited monthly or yearly. Choose... Separation of duties eliminates the possibility of collusion to steal an asset and hide the theft from the records. Choose... + A voucher system of control is a control system exclusively for cash receipts Choose...
Which of the following does not show good cash management regarding the controls over cash disbursements? Use a petty cash fund to make only small expenditures. Make all major disbursements by check. Combine the handling of receiving bills, writing checks, and signing checks to one person. Prepare bank reconciliations in a timely manner. All the above shows good cash management controls over cash disbursements. A. В. C. D. E.
Which type of information asymmetry explains why bad credit risks are more likely to seek bank loans? A. Moral hazard B. Adverse selection C. Principal-agent problem
Why is not a bad thing to have negative cash from financing activities?

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