Which One of the Following Best Defines Cash Concentration

question 33

Multiple Choice

Which one of the following best defines cash concentration?

• A) Combining all of a firm's receipts into one bank deposit
• B) Combining a week's worth of cash receipts into one bank deposit
• C) Combining cash from multiple banks into a firm's main bank accounts
• D) Using multiple lockboxes for collecting cash payments
• E) Combining a firm's bills so that disbursement checks are only mailed monthly

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Definitions:

Peptidoglycan

A polymer consisting of sugars and amino acids that forms a mesh-like layer outside the plasma membrane of most bacteria, providing structural support and giving the bacterial cell wall its rigidity.

Chlorophyll

A vital photosynthetic green pigment present in the chloroplasts of plants, algae, and certain bacteria.

Chlamydia

Chlamydia is a sexually transmitted infection caused by the bacterium Chlamydia trachomatis, leading to various health problems if untreated.

Mycobacteria

A genus of Actinobacteria, many species of which are pathogenic and cause diseases such as tuberculosis and leprosy.