A Lock-Box System Is a Method of Extending Disbursements

question 109

True/False

A lock-box system is a method of extending disbursements.

---

Definitions:

Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Semester Hours

Units of credit earned in college or university, representing the number of hours spent in a class each week throughout a semester.

Community Colleges

Public institutions providing higher education and vocational training, often offering two-year degrees, certificates, and transfer programs to four-year universities.

Six-Week

A period or duration of six consecutive weeks.