All of the following are components of disbursement float EXCEPT:
Drawee writes and mail check.
Payee or lockbox receives check.
Payee deposits check.
Payee mails check.
Short-term financial planning differs from long-term financial decisions:
Decisions are easily reversed.
There is far less uncertainty about the decision variables since the planning horizons are shorter.
‘a’ and ‘b’.
There is no difference.
true or false_____Short-term financial planning allows a firm to model different assumptions about sales growth rates and plan for the impact on cash flow, balance sheet, and income statement.