How can management speed up the collections of cash inflows


Question: How can management speed up the collections of cash inflows? Question Select one: a. Decentralized collection centers may speed up the collection of accounts receivable by reducing mailing time. b. Wire transfer of funds is used to transfer from collection points to a centralized banking location. c. Lock-box systems can be used to collect customers' payments. d. Streamlining in-house processes can help to eliminate wasted time in getting checks deposited. e. All of the above can be used to speed up the cash inflows

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Accounting Basics: How can management speed up the collections of cash inflows
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