Determining Cash Collection Policies and Procedures Needs Knowledge Of: (I)average

Multiple Choice

Determining cash collection policies and procedures needs knowledge of: (i) average payment times (ii) industry standards (iii) customer credit policies (iv) legal requirements (v) the degree of customer tolerance.

A) (i) (ii) (iv) only
B) (ii) (iii) (iv) only
C) (i) (ii) (iii) (iv) only
D) (i) (ii) (iii) (iv) (v)