Reducing Idle Bank Balance
Increasing Collection
Increasing Creditors
Reducing Bank Transactions
Answer is Wrong!
Answer is Right!
The correct answer is: A. Reducing Idle Bank Balance
Concentration banking is a system in which a company deposits its cash in a single bank account, rather than in multiple accounts at different banks. This can help to reduce idle bank balances, as the company will only have one account to monitor. Additionally, concentration
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