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    Intermediate Financial Management Study Set 2
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    Exam 21: Working Capital Management
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    A Lockbox Plan Is One Method of Speeding Up the Check-Clearing
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A Lockbox Plan Is One Method of Speeding Up the Check-Clearing

Question 30

Question 30

True/False

A lockbox plan is one method of speeding up the check-clearing process for customer payments and decreasing the firm's net float position.

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