Which of the following is not a method of speeding up collections?
A) lock-box system
B) regional collection centres
C) extended disbursement float
D) All of the answers are methods for speeding up collections.

Question

Quizplus · Accepted Answer

Extended disbursement float refers to the time between when a payment is made and when the funds are actually available to the recipient. It does not relate to methods for speeding up collections, which are A and B. Therefore, option C is not a method of speeding up collections.

Which of the Following Is Not a Method of Speeding