Which of the Following Statements Is False

question 118

Multiple Choice

Which of the following statements is false?

• A) The check and remittance advice trigger the receive payment process.
• B) A bank lockbox provides more protection for cash than a system where cash receipts are mailed to the payee company and then deposited.
• C) Good funds are funds on deposit and available for use.
• D) From the standpoint of reducing the collector's float, a customer check is a better payment method than a debit card.

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Definitions:

Physically Relax

The process of reducing tension and stress in the body through techniques such as deep breathing, muscle relaxation, or gentle exercise.

Harmless Dog

A dog that does not pose any threat or danger to people or other animals, often due to its gentle disposition, training, or behavior.

Stress Inoculation Training

A cognitive-behavioral therapy technique designed to help individuals build resilience and cope more effectively with future stressors.

Incapacitating Anxiety

Severe anxiety that significantly interferes with daily activities and functioning.