Which of the Following Actions Would NOT Be Considered Good

question 19

Multiple Choice

Which of the following actions would NOT be considered good management of accounts receivable?

• A) assessing creditworthiness of new or potential customers
• B) very loose or flexible credit terms to encourage sales
• C) offering discounts to encourage faster payment
• D) regular aged receivables analysis

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Definitions:

Complexity And Tensions

The presence of multiple interrelated factors that create challenges and conflicts within an organization or system.

Continuous Learning

An ongoing process of skill and knowledge enhancement that enables individuals and organizations to adapt to new information, technologies, and practices.

Competitive Advantage

The unique attributes or capabilities that allow a company to outperform its competitors, leading to greater sales or margins.

Diversity Dimensions

Various aspects and categories of diversity among people, including race, ethnicity, gender, age, religion, disability, and sexual orientation.