9. Pressure to increase current asset buildup often results from: (Points : 5) d

Question

9.Pressure to increase current asset buildup often results from: (Points : 5) decline in sales growth.
rapidly expanding sales.
increased demands of short-term creditors.
none of these.

10.Which of the following is not a method of speeding up collections? (Points : 5) Lock-box system
Regional collection centers
Extended disbursement float
All of these are methods for speeding up collections

11.Retail companies like Target and The Limited exhibit sales patterns that are mostly influenced by: (Points : 5) cyclical economic indicators.
competitive prices.
seasonality.
sales promotions.

12.All of the following are methods of controlling receivables except: (Points : 5) offer a cash discount.
reduce net terms.
use DBIS.
reduce cash sales. 9.Pressure to increase current asset buildup often results from: (Points : 5) decline in sales growth.
rapidly expanding sales.
increased demands of short-term creditors.
none of these.

Explanation / Answer

9=C

10=D

11=B

12=A

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