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:

Economic Opportunities

Economic Opportunities refer to the prospects or chances for individuals or groups to improve their economic status through employment, investment, or educational advancements.

Political Opportunities

Circumstances or situations that can be leveraged by individuals or groups to affect political change or gain political advantage.

Legal Standing

The right of an individual or entity to initiate a lawsuit, predicated on their stake in the outcome of a dispute.

Nature

The observable aspects of the earth and its environment, encompassing flora, fauna, geological structures, and natural occurrences, distinct from man-made entities or human activities.