BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Using a lockbox system to improve collections:
A
is more expensive than the use of collection centers
B
utilizes local banks to clear local payments made to the collection center
C
provides more float than collection centers
D
results in checks being forward to a P.O. box and clearing through local banks
Explanation: 
There is 1 question to complete.