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

---

Definitions:

Marketing And Sales

The combined processes focused on creating awareness about products or services, attracting potential customers, and converting interest into purchases.

Promotion

The efforts taken by a company to increase awareness of a product or service to stimulate sales through advertising and incentives.

Predictable Demand Variability

Refers to fluctuations in demand that can be anticipated based on patterns or historical data.

Managing Inventory

The process of overseeing and controlling the ordering, storage, and use of components that a company will use in the production of the items it will sell, as well as the management of finished products that are ready for sale.