The Benefits of a Lockbox System Include All of the Following

question 137

Multiple Choice

The benefits of a lockbox system include all of the following except:

• A) increased working cash.
• B) elimination of clerical functions.
• C) increase in total float.
• D) early knowledge of dishonored checks.

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Definitions:

Kinsey

Referring to Alfred Kinsey, an American biologist known for his research on human sexuality in the mid-20th century.

Interviewer

A person who asks questions in a formal or informal setting to gather information, often for a job position or research purposes.

Bulimia

A disorder involving episodes of overeating followed by actions to eliminate calories to avoid gaining weight.

Self-Starvation

An extreme form of dietary restriction, often associated with eating disorders such as anorexia nervosa, where individuals deny themselves sufficient nutrients for psychological reasons.