A Company Located in Delaware Has Customers Nationwide

question 78

Multiple Choice

A company located in Delaware has customers nationwide.The most effective system to deal with the issue of float is to

• A) use one lock-box collection system located in the Midwest.
• B) have customers send their remittances to the company's corporate office in Delaware.
• C) use several regional lock-box systems located geographically around clusters of customers.
• D) factor its accounts receivable to a collection agency.

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Definitions:

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Charismatic Leaders

Individuals who inspire enthusiasm, devotion, and strong levels of adherence among their followers through their personal charm and persuasive talent.

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The process through which individuals attempt to control the perceptions others have of them, often through strategic self-presentation tactics.

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Emergency response personnel trained to deal with fire suppression, rescue operations, and hazardous situations.