Which One of the Following Collection Times Is Correctly Described

question 80

Multiple Choice

Which one of the following collection times is correctly described?

• A)The processing delay starts when a firm mails out a billing statement and ends when the payment is received from a customer.
• B)Mailing time begins when a firm mails out a billing statement and ends when the payment is received.
• C)Collection time begins when a firm mails out a billing statement and ends when the cash payment for that billing is available to the firm.
• D)Availability delay begins when a firm deposits a customer's check into its bank account and ends when the cash from that payment is available to the firm.
• E)Processing delay begins when a firm mails out billing statements and ends when the firm deposits the payment for that statement into its bank account.

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Definitions:

Adverse Decisions

Judgments or rulings that are unfavorable to one party in a legal, administrative, or organizational context.

Values-Based Hiring

The process of outlining the behaviours that exemplify a firm’s corporate culture and then hiring people who are a fit for them.

Lack Of Diversity

The insufficient representation of different groups of people within a community or organization, particularly in terms of race, gender, ethnicity, or age.

Panel Interview

An interview in which a board of interviewers questions and observes a single candidate.