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If Accounts Receivable (Debtors)turnover Is Speeding Up,which of the Following

Question 11

Multiple Choice

If accounts receivable (debtors) turnover is speeding up,which of the following is not likely to be a factor?


A) The firm has implemented very stringent credit granting procedures for new customers
B) The firm issues all its invoices promptly and accurately to clients
C) The firm contacts slow-paying clients quickly and effectively concerning payment of overdue accounts
D) The firm has instituted 'no-interest-for-6-months' terms for customers

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