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Upwelling on the eastern sides of oceans is controlled by
Lockbox System
A service offered by banks to companies for the collection of payments from customers, wherein the payments are sent directly to a post office box, thereby speeding up collection times.
Processing Time
The amount of time required to complete a specific process or task, often related to manufacturing or computational operations.
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.
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