Question: Methods for reducing collection time include: LO1 a. Decentralized collection centers and concentration banks b. Lockboxes c. Wire transfers and depository transfer checks (DTC) d.

Methods for reducing collection time include: LO1

a. Decentralized collection centers and concentration banks

b. Lockboxes

c. Wire transfers and depository transfer checks (DTC)

d. Special handling of large remittances

e. Preauthorized checks (PAC)

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