Which One of the Following Actions Will Tend to Increase

question 32

Multiple Choice

Which one of the following actions will tend to increase the accounts receivable period?

• A)Increasing the finance charges applied to all customer balances outstanding over 30 days
• B)Increasing the discount for early payment by credit customers
• C)Granting discounts for cash sales
• D)Loosening the standards for granting credit to customers
• E)Refusing credit to all existing and future customers

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Definitions:

Endocrine Organ

Glands that secrete hormones directly into the bloodstream to regulate processes such as growth, metabolism, and reproductive functions.

Hormonal Communications

A process within the endocrine system where glands produce hormones that are released into the bloodstream to regulate bodily functions.

Neural Communications

The process by which neurons transmit signals through synapses to communicate with other neurons, muscles, or glands.

Anterior Pituitary

The front portion of the pituitary gland, which releases hormones controlling a variety of physiological processes including growth, reproduction, and metabolism.