Question 1: Taking advantage of unusual cash discounts or price bargains is an example of the:

Question 2: A negative cash conversion cycle indicates that the

Question 3: A mercantile credit bureau serves primarily as a (n):

Question 4: A firm can reduce its cash conversion cycle by

Question 5: Marketable securities are held primarily to meet:

Question 6: A firm's excess cash balance during a particular month could be best deployed if it were

Question 7: The key input to the short-run financial planning process that is easiest to estimate is

Question 8: The objective of managing current assets and liabilities is to

Question 9: One type of investment that would not be suitable for marketable securities would be:

Question 10: The current ratio concept is particularly useful in:

Question 11: Commercial banks lend unsecured short-term funds in the following three basic ways:

Question 12: Which of the following are typical financing strategies used by businesses?

Question 13: If a firm actually sells its accounts receivable, the process is known as:

Question 14: Compensating balances at a commercial bank are:

Question 15: A short-term bank loan that is unsecured is referred to as:

Question 16: A short-term promissory note sold by high-credit-quality corporations and is backed solely by the credit quality of the issuer is called:

Question 17: The factoring of receivables:

Question 18: Under ___________________ a factor pays the firm for its receivables before the account due date.

Question 19: The most frequently cited justification for requiring a compensating balance is:

Question 20: The cost of trade credit involving cash discounts as a form of short-term financing is: