Which of the Following Does NOT Reduce the Length of Time

question 40

Multiple Choice

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

• A) Electronic fund transfers (ETF)
• B) Lockboxes
• C) Direct payment via on line checking
• D) All of the above reduce the length of time of collection float for a firm.

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Definitions:

Hybrid Automobiles

Vehicles that use a combination of internal combustion engines and electric motors for propulsion, aiming to increase fuel efficiency and reduce emissions.

Productive Work

Activities or tasks that directly contribute to producing goods or providing services that have economic value.

Cycle Time

refers to the total time from the beginning to the end of a process, indicating how long it takes to complete a cycle of the process.

Workstations

Dedicated spaces or equipment setups where specific tasks are carried out, particularly in the context of offices or manufacturing, designed to optimize productivity and ergonomics.