If a firm increases its cash discount period the firm's investment in accounts receivable, due to discount takers still getting cash discounts but paying later, is expected to increase

A(n) ________ is type of instrument that is payable to anyone in physical possession of the instrument and presents it for payment when it is due

A) certificate of deposit B) order instrument C) bearer instrument D) check

Which of the following is true of a bearer paper?

A) It will mention a specific person as payee. B) It will not specify a payee. C) It will contain the term "payable to the order of." D) It will contain an additional undertaking besides the payment of money.