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Why are there not rulings on the constitutionality of many IT tools?
Lockbox System
A service provided by banks to process payments quickly by allowing companies to have their customers send payments to a special post office box.
Disbursement Float
The time lag between when a payment is issued by a payer and when the funds are actually withdrawn from the payer's account.
Receivable Accounts
Balances of money due to a company for goods or services provided that have not yet been paid by customers.
Collection Time
The average period that a company takes to collect payments from its customers after a sale has been made, impacting cash flow and liquidity.
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