Management has developed cash management techniques for which of the following reasons?
a. Increase the time to collect billings.
b. Reduce the amount of volume of cash transactions.
c. Automate the cash management process.
d. Increase the liquidity of cash balances.
c
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A member of a minority race applies for a promotion to a position advertised as available at his company
The minority applicant, who is qualified for the position, is rejected by the company, which then hires a nonminority applicant for the position. The minority applicant can bring a claim under ________. A) Title I of Americans with Disabilities Act B) Title II of Genetic Information Nondiscrimination Act C) Title VII of the Civil Rights Act D) Lilly Ledbetter Fair Pay Act
Rational buyers and sellers use their assessment of an asset's risk and return to determine its value. Relative to this concept, which of the following is true?
A) To a buyer the asset's value represents the minimum price that he or she would pay to acquire it. B) To a seller the asset's value represents the maximum sale price. C) To a buyer the asset's value represents the maximum price that he or she would pay to acquire it. D) To a seller the asset's value represents the price at which he acquired the asset.