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A manufacturing company selling engines and other mechanical equipment, with invoices averaging $15,000, would use...

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A manufacturing company selling engines and other mechanical equipment, with invoices averaging $15,000, 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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