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Liquidity Management) 10. Which of the following will reduce collection time? L billing customers by mail rather than electronically IL accepting debit cards but not

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Liquidity Management) 10. Which of the following will reduce collection time? L billing customers by mail rather than electronically IL accepting debit cards but not checks payment a sale for III. offering cash discounts for early payment IV. reducing the processing delay by one day A. I and II only B. I and III only C. III and III only D. II, III, and IV only E. I, II, III, and IV 11. Which one of the following statements is correct? A. Funds received via automated clearinghouse transfers are available that day. B. A depository transfer check is the most costly means of transferring funds into a cash concentration account. C. The means selected to transfer funds into a concentration account depends primarily upon the size of the transfers. D. Concentration accounts are used to transfer funds to lockbox locations as needed. E. The most expedient means of transferring funds into a concentration account is a wire transfer

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