Explain how a lockbox is used to minimize funds

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Reference no: EM131507807

Question: 1. Explain how a lockbox is used to minimize funds outstanding in accounts receivable.

2. Discuss the use of marketable securities with reference to temporary surplus cash.

3. Explain why it is important to manage food or beverage inventory turnover.

4. Differentiate between an operating cash budget and a long-term cash flow budget.

Reference no: EM131507807

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