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QUESTION 10 Which of the following is not one of the four key steps in managing accounts receivable? O A. determine whom to extend credit

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QUESTION 10 Which of the following is not one of the four key steps in managing accounts receivable? O A. determine whom to extend credit to O B. monitor collections O C. evaluate the liquidity of receivables OD. establish payment methods QUESTION 11 The receivables turnover ratio is used to analyze O A. profitability. O B. solvency. O C. risk. O D.liquidity. QUESTION 12 Theuse of prenumbered cheques is an example of O A assignment of responsibility. O Cew and recondition. O Doon of outies

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