To minimize collection float

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Reference no: EM13764960

To minimize collection float, a firm should do which of the following? (There may be more than once correct answer)

A) Deposit it's collections at least daily

B) Make sure all checks it receives at the sales counter are properly dated and signed

C) Pay it's bills in a more timely manner

D) Eliminate its regional lockboxes have only one central lockbox located near the firm's home office

Reference no: EM13764960

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