Which best describes the benefits of a lockbox system?
A) Lockbox arrangements are one way for a firm to speed up payments to suppliers.
B) Lockbox arrangements are one way for a firm to slow down collection of payments from customers.
C) Lockbox arrangements are one way for a firm to speed up collection of DRIP payments from investors.
D) Lockbox arrangements are one way for a firm to speed up collection of payments from customers and payments to suppliers.
Correct Answer:
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