Which of the following is described as a system where customers send their checks directly to a post office box that belongs to a bank?
A) an encryption system
B) an imprest system
C) a lock-box system
D) a firewall system

Question

Quizplus · Accepted Answer

A lock-box system is a method where customers send their payments directly to a post office box that belongs to a bank, rather than sending the payment to the company itself. The bank then processes the payments and deposits them directly into the company's account.

Which of the Following Is Described as a System Where