The Primary Objective in Processing Revenues Is To

question 3

Multiple Choice

The primary objective in processing revenues is to:

• A)Sell as many goods as possible
• B)Achieve timely and efficient cash collection
• C)Maximize an organization's sales orders
• D)Only sell goods to customers who can pay their bills

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Definitions:

Formal Authority

Power or right, based on one's position in an organization, to make decisions, command resources, or direct the work of others.

Refreezing

The phase of Lewin’s planned change process at which change is stabilized.

Long-Term Continuity

The strategic aim of ensuring an organization's operations, values, and goals persist over a lengthy period.

Planned Change

A deliberate effort to improve a system or process, often involving interventions designed by management.