Saved What is the most likely reason for a company to have an increase in average collection period? Multiple Choice The company has incurred additional marketing expenses to attract customers. Customers are paying in a timelier manner. The company has tightened its credit policies for its customers. The company has become more lenient in its credit policies and is extending credit terms to maintain customers. Saved Which of the following provides an accurate match? Multiple Choice Percentage-of-receivables method Assets are reported closer to the net amount of cash expected to be collected. Allowance method Receivables are reported net of estimated uncollectible accounts. Percentage-of-credit-sales method Revenues and expenses are better matched. All of the other answers provide an accurate match