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Which of the following is the best definition of a terms of sale. Multiple Choice Conditions on which a firm sells its goods and services for cash or credit Procedures followed by a firm in collecting accounts receivable A compilation of accounts receivable by the age of each account A discount given for a cash purchase. Wholly owned subsidiary that handles credit extension and receivables financing through commercial paper. Which of the following is the best definition of dividend capture? Multiple Choice Special post office boxes set up to intercept and speed up accounts receivable payments A strategy in which an investor purchases securities to own them on the day of record and then quickly sells theme designed to attain dividends but avoid the risk of a lengthy hold The need to hold cash as a safety margin to act as a financial reserve Bank makes proceeds of cheques deposited available the same day before cheques clear The difference between book cash and bank cash, representing the net effect of cheques in the process of clearing fall with increases in the level of investment in current assets, while increase. Multiple Choice O Shortage costs, carrying costs. Carrying costs, stock out costs. CT Shortage costs, order costs. Carrying costs, shortage costs. Stock out costs, order costs

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