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Question # 71

Which of the following is the main purpose of a lockbox system in treasury management?

Options:

A.

To reduce interest rate exposure

B.

To speed up collection and availability of receivables

C.

To hedge against foreign exchange fluctuations

D.

To minimize capital budgeting errors

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CTP Overview

Name Certified Treasury Professional
Code CTP
Vendor Finance, Insurance and Real Est
Certification Association for Financial Professionals, Inc. (AFP)

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