By Getting Closer to the Source of Payment, Lockboxes Can

question 13

Multiple Choice

By getting closer to the source of payment, lockboxes can be used to reduce:

• A)availability or clearing float.
• B)mail float.
• C)in-house processing float.
• D)disbursement float.
• E)None of the above.

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Definitions:

Real World

The physical and social environment in which individuals live and interact, outside of artificial or virtual contexts.

Correlation Coefficients

Statistical measures that indicate the extent to which two or more variables fluctuate together.

Cause and Effect

The principle that every event (effect) has one or more causes; this relationship explains why things happen and allows for prediction and intervention.

Strong

Having the power to move heavy weights or perform other physically demanding tasks; also can apply to the capacity for endurance or mental capacity.