Which of the Following Is Not a Method of Accelerating

question 164

Multiple Choice

Which of the following is not a method of accelerating cash receipts?

• A)Lock box systems
• B)Wire transfers
• C)Float management
• D)Concentration banking

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Definitions:

KPMG

One of the Big Four accounting organizations, known for providing audit, tax, and advisory services globally.

EPSS

An Electronic Performance Support System, a digital environment that provides immediate access to information, tools, and guidance needed to perform tasks.

Computer-based Training

A form of education in which students learn by using and completing exercises with instructional software or through online platforms.

Feedback

Information provided to individuals or groups regarding their performance or behavior, intended to reinforce strengths or address areas for improvement.