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Explain the various ways that gang migration might occur.
Collection Time
The average period that a company takes to collect cash from its credit sales.
Cheques
A document that is written, dated, and signed, which gives an absolute command to a bank to pay a specific amount of money to the recipient.
Bank Clearing Time
The process and time required for checks and other transactions to be processed through a bank or clearinghouse and the funds to become available.
Processing Time
The time required to complete a particular process, such as manufacturing or data processing.
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