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Which one of the following is most likely the fastest method of collecting cash? Requiring customers to submit all payments to a lockbox Requiring customers
Which one of the following is most likely the fastest method of collecting cash?
Requiring customers to submit all payments to a lockbox | ||
Requiring customers to submit all payments to the home office | ||
Initiating a financial electronic data interchange at the time of sale | ||
Offer customers credit terms of 1/5, net 15 | ||
Eliminating all disbursement float |
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