To Reduce the Time and Expense of Collecting Accounts Receivables,some

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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Definitions:

Political Tactic

Strategies or maneuvers used by individuals or groups within an organization to gain advantage or power over others, often for personal gain.

Confidence

The feeling or belief that one can rely on someone or something; self-assurance.

Compromising

A conflict resolution strategy where both parties give up something of value to reach an agreement.

Political Tactic

Strategies employed by individuals or groups within an organization to gain power, influence decisions, and achieve specific goals.