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Which of the following is not true regarding cash management? a. An important objective of cash management is to lengthen the collection float. b. Many

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Which of the following is not true regarding cash management? a. An important objective of cash management is to lengthen the collection float. b. Many companies use lockboxes to speed up the delivery of the check at their bank. Electronic funds transfer (EFT) substantially reduces the collection float for businesses. d. All of the above are true

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