An increase in the average collection period could have been caused by: (a) Few big customers quickly

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An increase in the average collection period could have been caused by:

(a) Few big customers quickly paying off their accounts

(b) Management carefully enforcing its collection policies

(c) Management shortening its credit terms to customers

(d) None of the above

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Financial Accounting For Management

ISBN: 9789385965661

4th Edition

Authors: Neelakantan Ramachandran, Ram Kumar Kakani

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