By Getting Closer to the Source of Payment, Lockboxes Can

question 104

Multiple Choice

By getting closer to the source of payment, lockboxes can be used to reduce:

• A)availability or clearing float.
• B)mail float.
• C)in-house processing float.
• D)disbursement float.
• E)None of the above.

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Definitions:

Political Systems

The principles, laws, and procedures relating to a particular form of government.

Sociocultural

Pertaining to the combination of social and cultural factors that influence the behavior, beliefs, and attitudes of individuals within a society.

International Businesses

Companies that engage in trade or investment across national borders, dealing with the planning, production, marketing, and management of goods and services in multiple countries.

Political Ideologies

Sets of ethical beliefs, principles, or theories that guide an individual or group in their political decisions and actions.