Which One of the Following Is Most Likely the Fastest

question 102

Multiple Choice

Which one of the following is most likely the fastest method of collecting cash?

• A)Requiring customers to submit all payments to a lockbox
• B)Requiring customers to submit all payments to the home office
• C)Initiating a financial electronic data interchange at the time of sale
• D)Offer customers credit terms of 1/5, net 15
• E)Eliminating all disbursement float

---

Definitions:

Lost Sales

Potential sales that cannot be realized due to stockouts, inadequate inventory, or other operational issues.

Retailers

Retailers are businesses or individuals that sell goods directly to consumers, acting as the final link between manufacturers and the consuming public.

Transportation

The action of moving goods or people from one place to another using vehicles, vessels, or other means.

Facilities

Physical buildings and structures that are used for the production of goods or delivery of services.