FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The pre-authorized checks (PACS) system has the following advantage(s) the cash flows from this system are highly predictable billing and postage costs are eliminated customers

image text in transcribed

The pre-authorized checks (PACS) system has the following advantage(s) the cash flows from this system are highly predictable billing and postage costs are eliminated customers are not confronted with the problems of regular billings both (a) and (b) all of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance For Non Financial Managers

Finance For Non Financial Managers

Authors: Pierre Bergeron

6th Edition

0176501630, 9780176501631

More Books

Students also viewed these Finance questions

Question

★★★★★
Moncton Manufacturing Ltd. had the following information available on bonds payable outstanding at December 31, 2016, its year end: $7,500,000-Bonds Payable, 6 percent, interest paid on April 2 and...

Answered: 1 week ago

Question

★★★★★
Hawk Homes, Inc., makes one type of birdhouse that it sells for $28.70 each. Its variable cost is $13.40 per house, and its fixed costs total $13,295.70 per year. Hawk currently has the capacity to...

Answered: 1 week ago

Question

★★★★★
1. Give occasional take-home tests.

Answered: 1 week ago

Question

★★★★★
What type of intermediary is Li & Fung for its customers? Is it an agent, a wholesaler, a manufacturers agent, jobber, or some other choice? What evidence can you offer to support your choice?

Answered: 1 week ago

Question

★★★★★
On 31 December 20X7, a company has the following bond on the statement of financial position: Bond payable, 7%, interest due semi-annually on 31 Dec. and 30 June; maturity date, 30 June...

Answered: 1 week ago

Question

★★★★★
Why is airline capacity considered to be relatively fixed in the short term? Group of answer choices A. Because airlines typically operate on fixed schedules and routes, which are difficult to adjust...

Answered: 1 week ago

Question

★★★★★
The statute of international court of justice is a key document in international law apart from establishing the international court of justice ,it plays other major roles under international law

Answered: 1 week ago

Question

★★★★★
How many carbon,hydrogen and oxygen atoms/bonds are present in Buckminster Fullerene?

Answered: 1 week ago

Question

★★★★★
Define Management or What is Management?

Answered: 1 week ago

Question

★★★★★
What do you understand by MBO?

Answered: 1 week ago

Question

★★★★★
Arndt, Incorporated reported the following for 2024 and 2025 ($ In millions): Revenues Expenses 2024 $ 942 798 Pretax accounting income (income statement) Taxable income (tax return) $ 144 $ 102 2025...

Answered: 1 week ago

Question

★★★★★
Does it use bullet points to emphasize your skills and accomplishments?

Answered: 1 week ago

Question

★★★★★
Does it use a maximum of two typefaces or fonts?

Answered: 1 week ago

Question

★★★★★
Does it have an employment objective that is specific and focuses on the employers needs as well as your own?

Answered: 1 week ago

Previous Question Next Question