All of the Following Are Different Techniques That Can Be

question 99

Multiple Choice

All of the following are different techniques that can be used to help firms reduce collection float except ___________.

• A) Use drafts
• B) Use wire transfers
• C) Use concentration banking
• D) Use a lockbox system

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Definitions:

Resting

The act of relaxing, not engaging in physical activity, allowing the body and mind to recover.

High-Intensity Exercise

Physical activity performed with a high level of effort or intensity, typically characterized by an increased heart rate and rapid breathing.

Aerobic

Pertaining to activities or exercises that improve oxygen consumption by the body, enhancing cardiovascular conditioning.

Tennis Singles

A form of tennis where each side of the match consists of one player, focusing more on stamina and strategy compared to doubles play.