Which One of These Is Not a Characteristic of a Concentration

question 41

Multiple Choice

Which one of these is not a characteristic of a concentration system of collections?

• A) All surplus funds are electronically transferred to a centralized account.
• B) Check clearing times are increased.
• C) Customer payments are directed to a local collection center.
• D) Collection time is reduced.

Recognize the role and importance of written and verbal communication.

Grasp the increasing need for constant learning, adaptation, and innovation due to technological advancements.

Acknowledge the ethical principles and values in decision making.

Understand the concept of competency and its significance in organizational behavior.

---

Definitions:

Economies of Scale

Cost advantages that a business can achieve by increasing the scale of production, leading to lower average costs per unit due to spread fixed costs and operational efficiencies.

Cycle Inventory

The portion of inventory that a company rotates in and out of stock as part of its normal business operations, reflecting the frequency of production and ordering cycles.

Objective Lenses

The lenses on a microscope closest to the specimen, responsible for magnifying the image.

Rotating Nosepiece

A component of a microscope that holds the objective lenses and can be rotated to change magnification.