A customer sends payment to a post office box which is emptied by a firm's bank daily. The bank then processes the payments and notifies the firm of the day's collections. This collection technique is known as ________

A) a direct send
B) concentration banking
C) the lockbox system
D) controlled disbursing

C

Business

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A performance management system typically includes:

A) critical incidents. B) objective goal setting. C) subjective goal setting. D) organizational-profit forecasting.

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What would be the ownership form for property that is solely owned by a married woman?

A. Community property B. Tenancy in common C. Ownership in severalty D. Ownership in partnership

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