1. A jewelry store promises to deliver custom-made wedding rings to a buyer within 2 weeks. However, it charges ten percent of the sales price in advance. In this example, which of the following techniques is the store using to increase cash inflows?

It is offering discounts to customers for prompt payment.

It is taking deposits and progress payments.

It is factoring all receivables.

2.

A _____ must be paid in less than one year from the date of the financial statement on which it is reported but can be sold to other investors at any time.

		commercial paper
		demand deposit
		marketable security
		short-term debt

It is taking on noncore paying projects.