Indicate whether each of the following actions is primarily related to

(a) Managing cash needs,

(b) Setting credit policies,

(c) Financing receivables, or

(d) Ethically reporting accounts receivable:

1. Buying a U.S. Treasury bill with cash that is not needed for a few months

2. Comparing receivable turnovers for two years

3. Setting a policy that allows customers to buy on credit

4. Selling notes receivable to a financing company

5. Making careful estimates of losses from uncollectible accounts

6. Borrowing funds for short-term need in a period when sales are low

7. Changing the terms for credit sales in an effort to reduce the day’s sales uncollected

8. Revising estimated credit losses in a timely manger when conditions change

9. Establishing a department whose responsibility is to approve customer’s credit