The Most Common Cash Management Technique Used to Speed Up

question 90

Multiple Choice

The most common cash management technique used to speed up collections is:

• A) Wire transfers
• B) Lockboxes
• C) In house processing
• D) SWIFT

---

Definitions:

Community Relations

Efforts by a company or institution to engage and contribute to the well-being of the local community it's part of.

Local Level

Pertaining to, or affecting, a specific area or community, emphasizing actions or aspects relevant to a localized setting.

Deeply Involved

Engaging with a process, activity, or issue with significant commitment, focus, and energy.

Neutral and Passive

Adopting a stance or position that does not favor any side in a dispute or conflict, and not actively engaging in any particular action.