The Most Common Cash Management Technique Used to Speed Up

question 43

Multiple Choice

The most common cash management technique used to speed up collections is:

• A)concentration banking.
• B)wire transfers.
• C)lockboxes.
• D)in-house processing.
• E)None of the above.

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Definitions:

Psychodynamic Theory

A psychological perspective that analyzes how behavior springs from unconscious drives and conflicts.

Superego

The superego is part of Freud's psychoanalytic theory, representing the ethical component of personality and providing moral standards for behavior.

Id

In psychoanalytic theory, the part of the personality that contains our basic, instinctual drives and operates according to the pleasure principle.

Ego

Refers to a person's sense of self-esteem or self-importance in psychoanalytic theory.