A cash management arrangement used to mobilize funds from decentralized receiving locations, whether they are decentralized company locations, into one or more central cash pools is known as:

Question

Quizplus · Accepted Answer

Concentration banking involves mobilizing funds from decentralized receiving locations into one or more central cash pools to improve cash management. Payable concentration refers specifically to the concentration of accounts payable, while marketable concentration is not a commonly used term in cash management. Therefore, option B is the most appropriate choice.

A Cash Management Arrangement Used to Mobilize Funds from Decentralized