Chap019 TRẮC NGHIỆM QUẢN TRỊ TÀI CHÍNH BẰNG TIẾNG ANH

Chapter 19
Cash and Liquidity Management

Multiple Choice Questions


1.

The cash found in a cash drawer that a check-out clerk uses to make
change is an example of which of the following motives for holding
cash?

As
.p
e
c
ul
at
iv
e
Bd
.ai
ly
f
o
a
t
C
c
.o
m

p
e
n
sa
ti
n
g
b
al
a
n
c
e


D
pr
.e
c
a
ut
io
n
ar
y
Etr
.a
n
s
a

ct
io
n



2.

Float is defined as the:

A
a
.m
o
u
nt
of
ca
sh
a
fir
m
ca
n
i
m
m
e
di
at

el
y
wi
th
dr
a
w
fr
o
m
its
b
a
nk
ac
co
u
nt
.


B
di
.f
er
e
nc
e
b
et

w
e
e
n
b
o
ok
ca
sh
a
n
d
b
a
n
k
ca
sh
.


C
ch
.a
n
g
e
in
a
fir

m
's
ca
sh
b
al
a
nc
e
fr
o
m
o
n
e
ac
co
u
nt
in
g
p
er
io
d
to
th
e
ne
xt

.


D
a
.m
o
u
nt
of
ca
sh
a
fir
m
h
as
o
n
h
a
n
d.
E
ca
.sh
b
al
a
nc

e
ac
co
rd
in
g
to
a
fir
m
's
re
co
rd
s.


Refer to section 19.2



3.

A lockbox is a:


A
sp
.ec
ial

sa
fe
us
e
d
by
a
fir
m
fo
r
ov
er
ni
g
ht
st
or
a
g
e
of
a
ny
ca
sh
or
u
n
d

e
p
os
it
e
d
ch
ec
ks


.


B
sp
.ec
ial
sa
fe
us
e
d
by
a
fir
m
th
at
ca

n
o
nl
y
b
e
o
p
e
n
e
d
at
pr
es
p
ec
ifi
e
d
ti
m
es
of
th
e
d
ay

C
bo
.x
lo
ca
te
d
in
a
b
a
nk
's
va
ul
t
th
at
is
re
nt
e
d
by
a
fir
m
a
n

d
us
e
d
to
h
ol
d
u
n
pr
oc
es
se
d



D
sp
.ec
ial
p
os
t
o
f
ce
bo
x

w
hi
ch
ca
n
o
nl
y
b
e
o
p
e
n
e
d
by
pr
es
p
ec
ifi
e
d
p
os
ta
l
in
sp

ec
to



4.

An account into which funds are deposited only in an amount equal
to the value of the checks presented for payment that day is called a
_____ account.

Alo
.c
k
b
o
x
Bc
.o
n
c
e
nt
ra
ti
o
n
Cz
.er
ob

al
a
n
c
e


D
c
.o
m
p
e
n
sa
ti
n
g
b
al
a
n
c
e
Er
.e
v
ol
vi
n

g
Refer to section 19.4



5.

An account into which a firm transfers funds, usually from a master
account, in an amount sufcient to cover the checks presented for
payment that day is called a _____ account.

Alo
.c
k
b
o
x
Bcl
.e
a
n
u
p
C
c
.o
m
p
e
n

sa
ti
n
g
b
al
a
n
c
e
Dr
.e
v
ol
vi
n
g


Ec
.o
nt
ro
ll
e
d
di
s
b
ur

se
m
e
nt
Refer to section 19.4