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According to Bandura's model of observational learning, what are the four primary processes involved in observational learning?
Collection Procedures
Established methods used by businesses to follow up on and collect unpaid debts from customers.
Accounts Receivable
Amounts owed to a company by its customers for goods or services that have been delivered but not yet paid for.
ACP
Average Collection Period, indicating the average number of days it takes for a company to receive payments from its customers.
Credit Policy
A set of guidelines a company follows to determine credit terms for customers, including who is granted credit and the terms of payment.
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