ON 35 An inventory loan agreement in which all of the borrower's inventories are used as collateral is termed as nswered ut of 1.00 99 Select one: a a. chattel mortgage agreement. b. field warehouse-financing agreement. a c. floating lien agreement. d. terminal warehouse agreement. ON 36 In a simple interest loan, interest is paid when the loan ends. nswered Select one: aut of 1.00 a False 99 O b. True ON 37 A lockbox plan is nswered out of 1.00 Select one: . a. used to identify inventory safety stocks. b. used to protect cash, i.e., to keep it from being stolen. c. used to speed up the collection of checks received. d. used to slow down the collection of checks our firm writes. e used primarily by firms where currency is used frequently in transactions, such as fast food restaurants and less frequently by firms that receive payments as checks. ON 38 The cash conversion cycle is the net period from the start of cash outfiow for producing a product or service until the associated cash inflow materializes from the sale of that product or service nswered out of 1.00 Select one: . a. True O b. False