The Most Common Cash Management Technique Used to Speed Up

question 19

Multiple Choice

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

• A) concentration banking.
• B) wire transfers.
• C) lockbox systems.
• D) in-house processing.

---

Definitions:

Elbow

A hinge joint connecting the forearm to the upper arm, allowing for the flexion and extension of the forearm.

Infarction

Tissue death caused by a local lack of oxygen, due to obstruction of the tissue's blood supply.

Necrosis

The demise of cells or tissues within the body, caused by illness, harm, or insufficient blood flow.

Infarct

An area of dead tissue resulting from the obstruction of blood supply to that area, commonly associated with heart attacks and strokes.