The Practice of and Procedures for Moving Cash from Multiple

question 148

Multiple Choice

The practice of and procedures for moving cash from multiple banks into a firm's centralized bank account(s) is known as _____________.

• A) Cash concentration.
• B) Strategic cash disbursement.
• C) Transfer flotation.
• D) Payables management.
• E) Float management.

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Definitions:

Knowledgeable Agreement

A consensus reached with an understanding of all relevant facts and information.

Study Participants

Individuals who take part in a research experiment or clinical trial, contributing data for analysis.

Cross-sectional Research

A research method that analyzes data from a population, or a representative subset, at a specific point in time.

One Time

Occurring only once; a single occurrence or instance.