Cash management involves the determination of:

Question

Quizplus · Accepted Answer

Cash management involves both the determination of the best locations for lockboxes and setting up decentralized collection centers. By choosing both options, a company can efficiently manage its cash flow by reducing collection time and improving the availability of funds. Decentralized collection centers can also help reduce the risk of fraud or errors in the collection process. Therefore, both options are essential for effective cash management.

Cash Management Involves the Determination Of