Characteristics of a money market deposit account include A. generally a limit of three deposits or withdrawals per month. it satisfies the firm's need for long-term funds. there are no required lines of credits at the bank. it is very easy to roll over (refinance) in times of economic turmoil. Which of the following is not a characteristic of commercial paper?
All of the following are benefits of just-in-time inventory ordering systems except A.
All of the following are examples of carrying costs except: A.
the speed at which suppliers and creditors process checks D. One of the most popular uses of automated clearing houses is the A.
Which of the following is not a true statement about automated clearinghouses (ACHs)? Automated clearinghouses are responsible for the check clearing process between commercial banks and the Federal Reserve Banks. Commercial transactions using automated clearinghouses have been growing at close to 17% per year since 1989. Debits drawn on automated clearinghouses cost less than half that of checks processed through financial institutions. The ability to reduce transactions costs and create convenience is driving the growth of automated clearinghouses. Some of the services provided around the clock by SWIFT are A.
International cash management is more complex than domestic based cash management because of A.
that allows companies to maintain zero balances in their checking accounts, with their excess cash moved into an interest earning account. that allows companies to write checks on zero balance accounts with the understanding that when the check is presented for payment, money will be moved from the interest bearing account to the appropriate payment account. that allows companies to move their lock box collections into an interest bearing checking account.
Inventory is usually divided into three basic categories except A.
assumes that delivery times of each order are consistent.
short-term debt has a lower cost than long-term equity. the term structure is inverted and expected to shift down. the term structure is upward sloping and expected to shift up. the firm is undertaking a large capital budgeting project. Which of the following yield curves would be characteristic during a period of high economic growth?
A firm will usually increase the ratio of short-term debt to long-term debt when A.
The term structure of interest rates is influenced by A.