Which of the following will not help a firm speed up the timing of when it can obtain the use of funds from checks written to it?
A) Lockbox arrangement.
B) Concentration banking.
C) Zero-balance accounts.
D) All of the above.
E) Only answers a and b.

Question

Quizplus · Accepted Answer

Zero-balance accounts do not directly speed up the collection of funds from checks; they are used to manage cash flow by maintaining a zero balance and transferring funds as needed.

Which of the Following Will Not Help a Firm Speed