Which of the Following Is a Centralized Collection Service for Corporate

question 11

Multiple Choice

Which of the following is a centralized collection service for corporate payments that helps reduce the float?

• A)Funds concentration.
• B)Electronic billing.
• C)Treasury management.
• D)Controlled disbursement accounts.
• E)Wholesale lockbox.

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Definitions:

Auxin

A class of plant hormones that play a key role in coordinating growth and behavioral processes in the plant's life cycle, such as cell elongation.

Brassinosteroids

A class of growth-promoting, steroid hormones in plants, influencing cell elongation, division, and development.

Steroids

A class of lipophilic organic molecules that play diverse roles in the body, including as hormones and components of cell membranes.

Ethylene

A gaseous plant hormone involved in various processes such as ripening of fruits, flowering, and leaf abscission.