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Posted on Sep 20, 2024

REDUCING collections float is sometimes accomplished by - A. Delaying payments to suppliers B. Establishing a lockbox system to speed collections and processing of checks

REDUCING collections float is sometimes accomplished by -

A. Delaying payments to suppliers

B. Establishing a lockbox system to speed collections and processing of checks

C. Investing freed cash flow in Marketable Securities

D. Granting credit extensions to encourage sales

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