Preauthorized Payments Help Reduce Collection flOat

question 365

True/False

Preauthorized payments help reduce collection float.

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Definitions:

Personal Actions

Actions or behaviors undertaken by an individual, often in the context of personal decision-making or lifestyle choices.

Classical Conditioning

The procedure of learning by associating a natural stimulus with one from the environment.

Psychological Process

Mental functions and mechanisms through which individuals perceive, think, and experience emotions.

Conditioned Stimulus

A neutral stimulus that triggers a conditioned response after being paired with an unconditioned stimulus.