27. Of the cash management services that are offered by banks, which service provides a means...
27. Of the cash management services that are offered by banks, which service provides a means for corporate clients to receive payment from their customers faster to improve their cash conversion cycle?
Remote deposit capture
Lockbox service
Controlled Disbursements
Positive pay
Homework Answers
A lockbox service is a type of service provided by banks in which a company can direct its customers to send their payments to a specific mailing address, the bank then deposits the funds directly to the company, this improves the CCC of the company.
Thus the answer is b)
Add Answer to:
27. Of the cash management services that are offered by banks,
which service provides a means...
primary services are are Web acquarium's management ex nvested $9 million since 8-27. Product Pricing: Two...
primary services are are Web acquarium's management ex nvested $9 million since 8-27. Product Pricing: Two Products Macquarium Inc. provides computer-related services to its clients. Its two primary page design (WPD), and Internet consulting services (ICS). Assume that Macquarium pects to eam a 20 percent annual return on the assets invested. Macquarium has invested its opening. The annual costs for the coming year are expected to be as follows: Fixed Costs Variable Costs $600,000 180,000 $1,500,000 900,000 Consulting support........... Sales...
108 CHAPTER 4 MANAGING WORKING CAPITAL AND CONTROLLING CASH ACCOUNT RECONCILIATION: A service provided by banks...
108 CHAPTER 4 MANAGING WORKING CAPITAL AND CONTROLLING CASH ACCOUNT RECONCILIATION: A service provided by banks whereby banks reconcile a business's cash accounts and create summary reconciliation reports. SWEEP ACCOUNTS: Accounts where banks automatically invest surplus cash balances in secure overnight accounts. Earnings are usually based on the federal funds traded rate, and the interest earned is credited daily. LOCKBOX: A service whereby banks assign customers a specially numbered P.O. box and collect and process payments on a daily basis....
e-Business Strategy and Models in Banks : Case of Citibank E-business strategy in Citibank: Banks today...
e-Business Strategy and Models in Banks : Case of Citibank E-business strategy in Citibank: Banks today are up-to-date with both the pros and cons of the internet. They are aware of the opportunities and threats that are associated with the Web. Not a single traditional bank is brave enough to face investment analysts without an Internet strategy. But even a very thoughtful approach to the Web may do no good to the company/ organization. The main purpose behind launching online...
Honey is a large marketing consultancy that provides a range of services including developing marketing campaigns,...
Honey is a large marketing consultancy that provides a range of services including developing marketing campaigns, designing web pages, managing media relations and so on. There are approximately 300 professional staff working in departments such as advertising and media relations and 600 support staff in areas such as administration and information technology (IT). Honey operates from a large office block in the centre of a major city. In common with similar agencies, Honey is successful because it can offer clients...
What are the differentiating features of banks that target ethnic communities? (Bullet point answers please). United...
What are the differentiating features of banks that target ethnic communities? (Bullet point answers please). United Commercial Bank and El Banco17CASE 2.1 This telling of the story of two special banks originally was prepared by students in 2007 who were engaged by the notion of two banks that had developed separate strategies for serving two niche markets. As you first read the students’ story, ask yourself, what could have gone wrong with each bank? Also, as you read, keep a...
MANAGEMENT DECISION CASE Amazon Dash: More Than Just a Dash of Service Imagine you just walked in...
MANAGEMENT DECISION CASE Amazon Dash: More Than Just a Dash of Service Imagine you just walked into your local Target. What do you see? We’re betting that you picture the aisles of goods for sale. This might lead you to believe that retail stores are mostly in the business of providing products. However, retailers rarely manufacture the goods they sell—in fact, they’re actually in the business of service. Most retailers rely on repeat business and referrals to earn their profits,...
Q.3\ How could IT/e-banking assist an organization/ a bank to achieve a competitive advantage in the...
Q.3\ How could IT/e-banking assist an organization/ a bank to achieve a competitive advantage in the marketplace? Explain through the case of Citibank. please make sure you give a unique answer (not copied one) ,Please no hand writing, and need references. This question is from ECOM 421 e-Business Strategies and Business Models course e-Business Strategy and Models in Banks : Case of Citibank E-business strategy in Citibank: Banks today are up-to-date with both the pros and cons of the internet....
AVIVA Information Technology Strategy Aviva is the fifth-largest insurance group worldwide. It provides savings, investments, and...
AVIVA Information Technology Strategy Aviva is the fifth-largest insurance group worldwide. It provides savings, investments, and insurance, and has been operating since 1696. The company’s 54,000 employees serve more than 50 million people in 28 countries. In order to integrate the organization at a global level, Aviva needed a platform to be able to communicate with all employees and to allow its employees to be able to share best practices. Aviva wanted to encourage its employees to be innovative and...
1.what is the fundamental of knowledge management cycle or process? 2. what is knowledge cycle? 3....
1.what is the fundamental of knowledge management cycle or process?
2. what is knowledge cycle?
3. what is intellectual capital and three dimension of
intellectual capital?
4. what is human capital? discusion with example
5. what is knowledge sharing and organization learning?
6. what is organization culture?
7. cultural impact of knowledge sharing?
8. what is data mining?
9. what is knowledge discover?
UNIVERSAL Chapter 1 Knowledge Management Overview UBSS SCHOOL SYDNEY Introduction to Knowledge Management (KM) In a knowledge...
Title: Partners Health Care Systems (PHS): Transforming Health Care Services Delivery through Information Management According to...
Title: Partners Health Care Systems (PHS): Transforming Health Care Services Delivery through Information Management According to government sources, U.S. expenditures on health care in 2009 reached nearly $2.4 trillion dollars ($2.7 trillion by the end of 2010).[1] Despite this vaunting national level of expenditure on medical treatment, death rates due to preventable errors in the delivery of health services rose to approximately 98,000 deaths in 2009.[2] To address the dual challenges of cost control and quality improvement, some have argued...
primary services are are Web acquarium's management ex nvested $9 million since 8-27. Product Pricing: Two Products Macquarium Inc. provides computer-related services to its clients. Its two primary page design (WPD), and Internet consulting services (ICS). Assume that Macquarium pects to eam a 20 percent annual return on the assets invested. Macquarium has invested its opening. The annual costs for the coming year are expected to be as follows: Fixed Costs Variable Costs $600,000 180,000 $1,500,000 900,000 Consulting support........... Sales...
108 CHAPTER 4 MANAGING WORKING CAPITAL AND CONTROLLING CASH ACCOUNT RECONCILIATION: A service provided by banks whereby banks reconcile a business's cash accounts and create summary reconciliation reports. SWEEP ACCOUNTS: Accounts where banks automatically invest surplus cash balances in secure overnight accounts. Earnings are usually based on the federal funds traded rate, and the interest earned is credited daily. LOCKBOX: A service whereby banks assign customers a specially numbered P.O. box and collect and process payments on a daily basis....
1.what is the fundamental of knowledge management cycle or process?
2. what is knowledge cycle?
3. what is intellectual capital and three dimension of
intellectual capital?
4. what is human capital? discusion with example
5. what is knowledge sharing and organization learning?
6. what is organization culture?
7. cultural impact of knowledge sharing?
8. what is data mining?
9. what is knowledge discover?
UNIVERSAL Chapter 1 Knowledge Management Overview UBSS SCHOOL SYDNEY Introduction to Knowledge Management (KM) In a knowledge...
Most questions answered within 3 hours.
-
Which statement is not correct?
Mutations change the sequence of nucleotides in DNA.
Mutations can be...
asked 1 hour ago -
An organization is not required to accommodate an employee's
disability when the accommodation would cause "undue...
asked 1 hour ago -
Mojo Mining has a bond outstanding that sells for $2,165 and
matures in 17 years. The...
asked 1 hour ago -
Olympic weightlifter Zoe Smith holds a 58 kg barbell over her
head, 2.1 meters above the...
asked 1 hour ago -
For sample average = 28 and a μ = 17 and a s = 4 and...
asked 1 hour ago -
A
short forward contract that was negotiated some time ago will
expire in three months and...
asked 1 hour ago -
If R = R1L2/L3, what is the measurement error dR based on the
rules of error...
asked 2 hours ago -
At equilibrium, the concentrations of N2(g),
O2 (g) and NO (g) in a sealed reaction vessel...
asked 2 hours ago -
Find P(X-bar > 15.5)
n=81, Mean=15, SD=1
asked 2 hours ago -
3. What percentage of search engine users don’t go to the next
page of search results?...
asked 2 hours ago -
Since Tanya Martin retired, she has used income from her
investment in the Alger Mid Cap...
asked 2 hours ago -
Determine the point estimate of the population proportion, the
margin of error for the following confidence...
asked 2 hours ago