Which of the Following Will Reduce Collection Time

question 16

Multiple Choice

Which of the following will reduce collection time?
I.billing customers electronically rather than by mail
II.accepting debit cards but not checks as payment for a sale
III.offering cash discounts for early payment
IV.reducing the processing delay by one day

• A)I and II only
• B)I and III only
• C)I, II, and III only
• D)II, III, and IV only
• E)I, II, III, and IV

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