What are three advantages of using electronic funds transfer

Reference no: EM131477546

Question: 1. How does a lockbox system speed up a firm's collections? What are three advantages of using electronic funds transfers?

2. How can a firm use payable through drafts and zero balance accounts to control disbursements?

Reference no: EM131477546

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What are three advantages of using electronic funds transfer : How does a lockbox system speed up a firm's collections? What are three advantages of using electronic funds transfers?

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