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Posted on Jul 19, 2024

Lockbox arrangement is a technique used to: Install a safe lockbox to safeguard a company's cash Increase cash inflows Reduce the cash budget Reduce float

Lockbox arrangement is a technique used to:

		Install a safe lockbox to safeguard a company's cash
		Increase cash inflows
		Reduce the cash budget
		Reduce float by having payments sent to post office boxes located near customers

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