Which of the following could be the cause of a lengthening cash cycle? I. Extending the time period before paying a supplier for a credit purchase. II. Issuing credit to less credit-worthy customers than in previous periods. III. Purchasing inventory that is less-desired by customers than prior inventory purchases. IV. Offering customers cash discounts for prompt payment.

I and II only

II and III only

III and IV only

II, III, and IV only