Which of the following does NOT reduce the length of time of collection float for a firm?
A) Electronic fund transfers (EFT)
B) Lockboxes
C) Direct payment via online checking
D) All of the above reduce the length of time of collection float for a firm.
Correct Answer:
Verified
Q59: A company's future cash inflow from the
Q60: We call the process to identify good
Q61: Many companies use lockboxes to speed up
Q62: A _ inventory item is an item
Q63: EOQ equals _.
A)
Q65: From the viewpoint of the payee,the delay
Q66: Electronic funds transfer (EFT)substantially reduces the collection
Q67: An important objective of cash management is
Q68: The time delay between when a check
Q69: When using the ABC Inventory Management System,Type
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents