Multiple Choice
Which of the following is not a method of accelerating cash receipts?
A) Lock box systems
B) Wire transfers
C) Float management
D) Concentration banking
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q159: The financial managers have little control over
Q160: A firm's credit policy affects both its
Q161: Unlike accruals, the volume of trade payables
Q162: The three broad issues involved in receivables
Q163: A compensating balance arrangement between a firm
Q165: Accruals represent spontaneous financing from things such
Q166: Bank credit is a minor source of
Q167: More aggressive collection procedures will generally reduce
Q168: Marketable securities are liquid investments that can
Q169: Schubert Manufacturing borrows from the bank at