An East Coast firm should establish a lock-box service on the West Coast:

Question

Quizplus · Accepted Answer

If West Coast customers are currently mailing their cheques to an East Coast address, establishing a lock-box service on the West Coast can save time and money for both the customers and the firm. Customers will no longer have to mail their payments across the country and wait for them to be processed, and the firm can receive the payments more quickly and efficiently. Having a large number of customers, banking facilities, or efficient local banks may also be factors to consider, but they are not as directly related to the need for a lock-box service as the current mailing situation.

An East Coast Firm Should Establish a Lock-Box Service on the West