Which One of the Following Actions Will Tend to Increase

question 63

Multiple Choice

Which one of the following actions will tend to increase the accounts receivable period? Assume the accounts receivable period is currently 34 days.

• A)tightening the standards for granting credit to customers
• B)refusing to grant additional credit to any customer who pays late
• C)increasing the finance charges applied to all customer balances outstanding over thirty days
• D)granting discounts for cash sales
• E)eliminating the discount for early payment by credit customers

---

Definitions:

Pneumonia

An inflammatory condition of the lung affecting primarily the microscopic air sacs known as alveoli, usually caused by infectious agents such as bacteria, viruses, fungi, or parasites.

Minimum Inhibitory Concentration (MIC)

The lowest concentration of an antimicrobial agent required to prevent the growth of a particular bacterium in vitro.

Antibiotic

Medicinal drugs used to fight bacterial infections by killing or inhibiting the growth of bacteria.

Tyrosine

An amino acid that is important in the synthesis of proteins and neurotransmitters within the body.