Firms can minimize delays in receipt of payments and in conversion of payments into cash but NOT by using
A)SWIFT
B)wire transfers
C)cash pooling
D)mobilization centers

Question

Quizplus · Accepted Answer

Cash pooling is a technique used by companies to manage their liquidity and optimize the interest paid or earned across different accounts. It does not directly minimize delays in receipt of payments or in the conversion of payments into cash. SWIFT, wire transfers, and mobilization centers are all methods or systems that can help in speeding up the process of receiving payments and converting them into cash.

Firms Can Minimize Delays in Receipt of Payments and in Conversion