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    Understanding Canadian Business Study Set 1
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    Exam 17: Financial Management Appendix C Managing Risk
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    To Reduce the Time and Expense of Collecting Accounts Receivables,some
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To Reduce the Time and Expense of Collecting Accounts Receivables,some

Question 57

Question 57

Multiple Choice

To reduce the time and expense of collecting accounts receivables,some firms:


A) accept bank-issued credit cards.
B) adopt a just-in-time inventory policy.
C) extend credit to new customers.
D) offer extended payment plans to existing customers.

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