(Topic 6) Which of the following is an advantage of a decentralized disbursement system?

The correct answer is B. I and IV. An increase in the availability float on a company's collections would cause a reduction in which of the following? II. Ledger balance III. Service charges IV. Collected balance

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Question

(Topic 6)

Which of the following is an advantage of a decentralized disbursement system?

Options

AI and II
BI and IV
CI, II, and III
DII, III, and IV
IEarnings credit

How the community answered

(26 responses)

A
4% (1)
B
81% (21)
C
4% (1)
I
12% (3)

Explanation

An increase in the availability float on a company's collections would cause a reduction in which of the following? II. Ledger balance III. Service charges IV. Collected balance

Topics

#decentralized disbursement#disbursement systems#treasury structure#cash management

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