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A treasury project manager is tasked with improving day’s sales outstanding.

A treasury project manager is tasked with improving day’s sales outstanding. The company, a major retailer, sells 70% of its products to businesses. The project manager has convinced the Treasurer to proceed with purchasing $500,000 worth of equipment to convert the checks they receive to electronic form. What did the project manager overlook in making the decision?

A.

NACHA rules

B.

Credit card regulations

C.

Point-of-purchase check conversion

D.

Accounts receivable conversion

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