_________Is a Surrogate Term for the Range of Mechanisms That

question 35

Short Answer

_________is a surrogate term for the range of mechanisms that combine to bring an environment under the control of its residents.

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Definitions:

Excess Cash

Funds that exceed the normal operating needs of a company, which might be used for investments, acquisitions, or improving financial ratios.

Marketable Securities

Financial instruments that can easily be converted to cash due to their high demand and short maturity period.

Lockbox System

A service offered by banks to companies for the receipt of payment from customers, under which payments are sent directly to a location accessible by the bank.

Processing Float

The time difference between when a transaction is initiated and when the funds are available in the account, affecting the usable balance.