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Questions and Answers: 104

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NEW QUESTION: 1
Which of the following factors would the cash manager consider when deciding whether to make a payment via Fedwire or ACH?
1.Cost of the payment 2.Payment due date 3.Availability of customer's funds 4.Loss of float
A. 3 and 4
B. 2, 3, and 4
C. 0
D. 1 and 2
Answer: D

NEW QUESTION: 2
________ increase assets and expenses and/or decrease liabilities and/or equity
A. Credit
B. Debit
C. Journal Entries
D. None of all
Answer: B

NEW QUESTION: 3
Select the option that is NOT true of opportunities:
A. I should use consistent naming conventions when identifying my opportunities (ex: Account Name - Package offered)
B. Probability is the confidence factor that I will win the Opportunity, and is typically based on the Stage Value
C. Expected Revenue is automatically generated by multiplying the Amount field by the Probability Field (I do not need to add this figure)
D. The amount field is not for the estimated amount of the sale, but dollar amount I will pay Bill Nuttall for processing my order.
E. Close Date should be the "best" guess as to when I will close a deal
Answer: D


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