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