Which statement is correct  A. Firms Cabot use lockboxes if they use cash concentration accounts.  B. Firms prefer to increase delay on disbursements. C. Firms prefer to eliminate all types of float.  D. Firms open regional offices so their employees can pick up lockbox payments throughout the day.  E. The check clearing act for the 21st century is designed to reduce total collection time to one day.

9. 2S within the central Arizona area. a. Which of the following represents a correct statement concerning the risk of misappropriation of cash for SSC? Multiple Choice This is not a major concern because sales are made on credit. Deposit of cash into a lockbox system decreases the risk of misappropriation. Misappropriation of cash is not a significant problem in a commercial company. The success of QSand increases the risk that cash will be misappropriated. Presentation se....pdf Untitled docume..pdf Untitled docume....pdf Untitled do MacBook Air 02 F3 D0O F4 000 F2 888 F5 F6 114 DEOE

High level cash management strategies include a.petty cash b.delaying payment for suppliers c.cash over and short d.bank reconciliations

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