Question

Describe âlockboxâ Processing?

Answer 1

Definition of processing: Movement of data or material towards a known goal or end result, by passing it through a series of stages or a sequence of actions.

Answer 2

Answer:

Definition of A lock box :

• 25 December 2017 , A lock box is a bank - operated mailing address to which a company directs its customers to send their payments.

Definition of processing :

• Processing is a term that describes tge process of a software program manipulating or extracting data from a stored file .

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