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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Definitions:

Behavioral Activation

A therapy technique that focuses on engaging patients in activities that boost their mood and reduce depression.

Assertiveness Training

A form of behavior therapy that teaches individuals to express their feelings and needs openly and honestly without violating the rights of others.

Relaxation Training

A therapeutic technique involving exercises or practices designed to reduce stress and anxiety, promoting physical and mental well-being.

Ellis

Refers to Albert Ellis, a prominent psychologist and the developer of Rational Emotive Behavior Therapy (REBT), which emphasizes changing irrational beliefs to improve emotional well-being.