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In a short essay, discuss the third stage of group development.
Payment Requesting
The process of asking for payment for goods or services rendered, typically through invoicing or billing.
Collection Agency
An organization employed by creditors to collect funds that are past due or accounts deemed to be in default.
Accounts Receivable Policy
Guidelines and procedures related to the management and collection of money owed to a business by its clients or customers.
Cash Flow
The total amount of money being transferred into and out of a business, affecting the company's liquidity.
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