Which of the Following Would Be Most Responsible for a Company's

question 96

Multiple Choice

Which of the following would be most responsible for a company's average collection period being higher than the industry average?

• A)If a company's growth in sales is greater than the growth of sales in the industry.
• B)Being more aggressive in collecting its accounts receivable than its competitors.
• C)Having credit policy standards that are more restrictive than its competitors.
• D)Being more lenient in extending credit to its customers than its competitors.
• E)None of the above.

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Definitions:

Perception Checking

A communication technique used to clarify or verify the accuracy of one's understanding of another's words or actions.

Emotional Contagion

The process whereby people mimic the emotions of others after watching and hearing their emotional expressions.

Communication Behavior

The way individuals interact with one another using various methods and strategies, including verbal and non-verbal cues.