The movement of money from multiple bank accounts into one main bank account for a firm is called:
A) Lock boxing.
B) Electronic disbursing.
C) Cash concentration.
D) Availability enhancement.
E) Over-the-counter collection.
Correct Answer:
Verified
Q262: A banking sub-account that is used for
Q263: Which one of the following statements is
Q264: A firm finds that its customer base
Q265: The amount of money a firm can
Q266: The Miller-Orr model:
A) Is more simplistic than
Q268: Disbursement float is defined as the:
A) Period
Q269: A chequing account for which the firm
Q270: Under the Miller-Orr model, the lower limit
Q271: Collection float:
A) Is more desirable to firms
Q272: The main purpose of a cash concentration
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