A working capital technique that increases the payable float and therefore delays the outflow of cash is

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Concentration banking.
A draft.
Electronic data interchange (EDI).
A lockbox system.

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Accounting Information Systems

ISBN: 978-1133935940

10th edition

Authors: Ulric J. Gelinas, Richard B. Dull

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Posted Date: Feb 03, 2023 04:32 AM

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A working capital technique that increases the payable float and therefore delays the outflow of cash is

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Accounting Information Systems

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