28. All of the following are components of disbursement float EXCEPT: Drawee wri

Question

28. All of the following are components of disbursement float EXCEPT:

Drawee writes and mail check.

Payee or lockbox receives check.

Payee deposits check.

Payee mails check.

Short-term financial planning differs from long-term financial decisions:

Decisions are easily reversed.

There is far less uncertainty about the decision variables since the planning horizons are shorter.

‘a’ and ‘b’.

There is no difference.

true or false_____Short-term financial planning allows a firm to model different assumptions about sales growth rates and plan for the impact on cash flow, balance sheet, and income statement.

Explanation / Answer

Payee mails check.

AS

PAYEE DOES NOT NEED TO MAIL CHECK IT IS MAILED BY THE DRAWER

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