Lockboxes

Lockboxes:

A) should be geographically located close to a firm's primary customers.
B) should be located in remote locations to increase the net disbursement float.
C) offer no additional benefit to a firm now that the Check Clearing Act for the 21^st Century has been enacted.
D) tend to be negative net present value projects for firms with a large number of sizeable transactions.
E) tend to also be used as concentration accounts.