A Lock-Box System Reduces Theft and Places the Business's Cash

question 127

True/False

A lock-box system reduces theft and places the business's cash in circulation faster than if the cash is collected and deposited by company personnel.

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Definitions:

Productive Results

Outcomes or deliverables that are effectively and efficiently achieved, contributing to the goals of an organization or individual.

Job

A set of specified work and task activities that engage an individual in an organization.

Positive Affect

The extent to which an individual experiences positive moods such as joy, interest, and alertness.

Value

The importance, worth, or usefulness of something, often considered in terms of financial, social, or personal significance.