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Author Question: The benefits of a lockbox arrangement with a bank are maximized when (Read 57 times)

abarnes

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on: Apr 8, 2019
The benefits of a lockbox arrangement with a bank are maximized when
◦ the bank is located nearby to the company, so remittance advices can be delivered to the company every day.
◦ several banks around the country are used, in order to minimize the time payments spend in the mail.
◦ an arrangement is made with only one bank, so all remittance advices can be batched for processing.
◦ the bank deposits the payments and accesses the customer's information system to record the payments.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by abarnes on Apr 8, 2019

sultana.d

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Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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abarnes

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Reply 2 on: Apr 8, 2019
Excellent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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