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On the flip side, controlling cash outflows and monitoring disbursements are as important as collecting cash. Three methods commonly used to control cash disbursements are
On the flip side, controlling cash outflows and monitoring disbursements are as important as collecting cash. Three methods commonly used to control cash disbursements are concentrating payables processing in one location, using zerobalance accounts, and using controlled disbursement accounts.
Which of these methods maximizes checkclearing float?
Using geographically distant checking accounts
Using zerobalance accounts
Using drafts
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