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Which one of the following statements is INCORRECT? a. Disbursements account with zero balances can improve the acceleration of receipt. b. Concentration banking can improve

Which one of the following statements is INCORRECT?

a.

Disbursements account with zero balances can improve the acceleration of receipt.

b.

Concentration banking can improve the acceleration of receipt.

c.

A preauthorized debit system can improve working capital management.

d.

Minimizing collection floats can improve cash management.

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