Which of the Following Does NOT Reduce the Length of Time

question 21

Multiple Choice

Which of the following does NOT reduce the length of time of collection float for a firm?

• A)Direct payment via online checking
• B)The firm paying suppliers with a credit card
• C)Lockboxes
• D)Electronic fund transfers (EFT)

---

Definitions:

Inherent Interests

Fundamental or natural concerns, desires, or motivations intrinsic to an individual or group.

Collaborative Approach

A strategy that involves working together cooperatively to achieve a common goal.

Competitive Negotiation

A type of negotiation where the parties involved strive to achieve their own best outcome, often at the expense of others.

Win/Lose Situation

A scenario wherein one party's gain is directly proportional to another party's loss.