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

Vendor: AFP
Product: CTP
Update on: Feb 7, 2026
Questions: 1076

AFP CTP Question Answer

A manufacturing company selling engines and other mechanical equipment, with invoices averaging $15,000, would use which of the following systems?

Over-the-counter collections in numerous locations; deposits to field banks

A company processing center; deposits to nearby bank(s)

A wholesale lockbox with multiple deposit points

A retail lockbox with multiple deposit points

AFP CTP Summary

Price: $52.5 ~~$149.99~~