Describe vince and the sham wow tv infomercial product, Accounting Basics

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Describe vince and the sham wow tv infomercial product

Question: In a lecture Professor Leach described Vince and the Sham Wow TV infomercial product. The company selling the Sham Wow does not directly receive customer checks, but they are directed to this special type of bank account-- collected by the bank, with the fund eventually sent to the Sham Wow company: Question options: Sweep Account Controlled Disbursement Account Zero Balance Account Lock Box Account Cash Vault Account - Secondary Party Payment Feature

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