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The following practices will impact the cash flow of the company: 1 - Sales personnel are unequivocally responsible for collecting their credit sales. 2 -

The following practices will impact the cash flow of the company:

1 - Sales personnel are unequivocally responsible for collecting their credit sales.

2 - Sales commissions are based on collected invoices.

3 - Statement of accounts receivable are reconciled with customers and regularly sent for confirmation.

4 - Automatic transfer of funds is arranged with banks regarding deposits of branches

of the above which will result to better cash flow?

A. All

B. 4 only

C. 3 & 4

D. 1, 2, 4

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Question 4 The following practices will impact the cash flow of the company: 1: Sales personnel are unequivocally responsible for collecting their credit sales. 2: Sales commissions are based on collected invoices, 3: Statement of accounts receivable are reconciled with customers and regularly sent for confirmation. 4: Automatic transfer of funds is arranged with banks regarding deposits of branches Of the above which will result to better cash flow? all 4 only 34 124 Next

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