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Select the correct statement. 0 A. To remain competitive. it is usually best fora rm to take longer to collect money owing by accounis receivable.

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Select the correct statement. 0 A. To remain competitive. it is usually best fora rm to take longer to collect money owing by accounis receivable. O B. By exercising tighter control over accounts receivable, it may be possible for a rm to release funds for other purposes. 0 C. By lessening control over accounts receivable, it may be possible for the rm to make accounts receivable balances available for other purposes. 0 D. A and B are correct statements. 0 E None of the statements is correct

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