Quiz Ch 30 – Minor Electronic Transfers in the United States
Principles of Corporate Finance
Brealey, Myers, and Allen
13th Edition
What electronic transfer system is employed for small-value transactions in the United States?
What electronic transfer system is employed for small-value transactions in the United States?
What would be the preferred choice for short-term investment for a tax-paying corporation?
What is the key benefit of utilizing a netting system for settling foreign currency payments?
Which of the subsequent methods are the primary means through which firms electronically send and receive money?
Why might a large firm maintain significant cash balances?
Which transaction includes credit?
Which is NOT listed as an advantage of electronic payment systems?
True or false: Direct deposits are handled using the Automated Clearing House (ACH) system.
True or false: The capital market is recognized as the marketplace for short-term investments.
True or false: Following the acquisition of a firm’s receivables by a factor, the customer of the firm makes payments directly to the factor.