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What is the possible corrective action for the average collection period? a. Charge interest on overdue accounts b. Reduce telephone and printing costs by refraining
What is the possible corrective action for the average collection period?
a.
Charge interest on overdue accounts
b.
Reduce telephone and printing costs by refraining from phoning clients and sending out statements to clients
c.
Provide a quick sign-up service to clients, where all new clients can purchase on credit without providing the necessary documentation
d.
Send out account statements late
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