... companies receive payments by checks through the mail. This transaction involve mailing time, check-processing delay, and bank's availability delay. A company also must determine how the checks will be received and deposited. Several post office boxes used to speed up accounts receivable collections, to intercept payments (Jordan, 2001, p.483). Cash can also be managed by increasing disbursement ... company. It is normally invested in highly marketable and short-term securities. Examples of a few money market securities include the following: US treasury bills, short-term tax-exempts, c...

• Word Count: 1418
• Approx Pages: 6
• Has Bibliography
• Grade Level: High School