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.