An increase in the average collection period could have been caused by: (a) Few big customers quickly
Question:
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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Related Book For
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
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