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AFP CTP Question # 253 Topic 26 Discussion

CTP Exam Topic 26 Question 253 Discussion:
Question #: 253
Topic #: 26

A retail chain with 500 locations throughout the United States would use which of the following systems?


A.

Over-the-counter collections in numerous locations; deposits to field banks


B.

A company processing center; deposits to nearby bank(s)


C.

A wholesale lockbox with multiple deposit points


D.

A retail lockbox with multiple deposit points


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