Increases collecting firm collection costs

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Reference no: EM131537063

1. Which of the following increases a collecting firm’s collection costs?

a. Decreases in float

b. Decrease in face amount of checks

c. Decrease in variable costs

d. Decreases in invoices

2. Which of the following will decreases the minimum transfer amount?

a. Decrease in the opportunity cost of funds

b. Decrease in the cost of a wire

c. Increase in the cost of a wire

d. Decrease in the cost of an ACH

Reference no: EM131537063

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