Which of the following is not a technique to speed up collections?
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Explanation:
Expedite the preparing and mailing of the invoice to customers. Replace a lockbox system with the direct mailing of payments to the firm. Reduce the time it takes payments received from customers to be available as usable funds to the firm.
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Expedite the preparing and mailing of the invoice to customers. Replace a lockbox system with the direct mailing of payments to the firm. Reduce the time it takes payments received from customers to be available as usable funds to the firm.
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