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22. Lockbox arrangement benefits include A. increased cash flows from delays in uncollectible check processing. B. increased working capital from shorter receivables/cash transformation time. C.

22. Lockbox arrangement benefits include A. increased cash flows from delays in uncollectible check processing. B. increased working capital from shorter receivables/cash transformation time. C. elimination of bank charges for handling and audit functions. D. all of the above are benefits from this arrangement.
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22. Lockbox arrangement benefits include A. increased cash flows from delays in uncollectible check processing. B. increased working capital from shorter receivables/cash transformation time. C. elimination of bank charges for handling and audit functions. D. all of the above are benefits from this arrangement

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