Which of the Following Is Not a Method of Speeding

question 60

Multiple Choice

Which of the following is not a method of speeding up collections?

• A)Lock-box system
• B)Regional collection centers
• C)Extended disbursement float
• D)All of the options are methods for speeding up collections.

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Definitions:

Labor Costs

The total expenses incurred by businesses for wages, benefits, and payroll taxes for their employees.

Union Contracts

Legal agreements between labor unions and employers that outline terms of employment, wages, benefits, working conditions, and dispute resolution procedures.

Assembly Lines

Production method where a product is assembled step by step in a pre-defined sequence often enhancing efficiency and productivity.

Finished Product

A good or product that has completed the manufacturing process and is ready for sale or use by the consumer.