Lock-box arrangements yield benefits for all companies regardless of the size of sales or customer remittance checks.
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Q17: Speculative cash balances are held to take
Q18: The more difficult it is to estimate
Q19: The estimated value of reducing float by
Q20: Companies with the largest cash balances reduce
Q21: Zero balance accounts reduce disbursing float.
Q23: Zero balance accounts permit centralized control over
Q24: A negotiable certificate of deposit is a
Q25: Payable-through drafts look like checks but are
Q27: The main purpose of using a payable-through
Q145: Commercial paper is a short-term,unsecured promissory note.
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