Which of the Following Is the Technique for Reducing Collection

question 50

Multiple Choice

Which of the following is the technique for reducing collection float by having funds sent to several geographically situated regional banks and then transferring to a main concentration account in another bank?

• A) Lockbox system
• B) Concentration banking
• C) Wire transfers
• D) Collection float

Comprehend the impact of financial scandals on corporate governance and regulations.

Distinguish between primary and secondary markets, including their significance in the financial system.

Understand the role of investment bankers and the function of markets in the issuance of new securities.

Recognize the significance of regulatory acts and changes on banking and financial institutions.

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Definitions:

Gender Development

The process by which individuals develop a sense of their gender identity and navigate the social roles, expectations, and behaviors associated with their gender.

Differentiate

To recognize or ascertain what makes someone or something different; in mathematics, it refers to computing the derivative of a function.

Male and Female Face

The distinctive facial features associated with the biological sexes, often influenced by hormonal differences and contributing to gender recognition.

Gender Schemas

Cognitively constructed frameworks that dictate the cultural beliefs and expectations about gender roles and behaviors.