Examlex
What was traditionally called the Verbal test in the SAT is now, in the 2016 version, called the ___.
Preauthorized Payment
A financial arrangement that allows a business or individual to automatically debit funds from a customer's bank account for recurring expenses.
Total Collection Time
The period it takes for a business to convert its credit sales into cash, encompassing the entire process from sale to cash collection.
Cash Management
The process of collecting, managing, and investing a company's cash flow in a way that maintains or increases the company's liquidity.
Temporary Excess Cash
Surplus cash not required for immediate operational or investment needs, often invested in short-term securities.
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