All of the Following Are Different Techniques That Can Be

question 117

Multiple Choice

All of the following are different techniques that can be used to help firms reduce collection float EXCEPT

• A) using drafts.
• B) using wire transfers.
• C) using concentration banking.
• D) using a lockbox system.

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Definitions:

Indifference Curves

A graph showing different bundles of goods between which a consumer is indifferent.

Lagrangian

Function to be maximized or minimized, plus a variable (the Lagrange multiplier) multiplied by the constraint.

Lagrange Multiplier

A technique used in constrained optimization problems to find the maximum or minimum of a function subject to constraints.

Lambda

A symbol commonly used in mathematics and physics to represent wavelengths, eigenvalues, and decay constants, among other concepts.