Which of the Following Should Help Reduce the Total Collection

question 67

Multiple Choice

Which of the following should help reduce the total collection time for a firm?
I.opening a post office box so mail can be received earlier in the morning
II.assigning additional staff in the morning to process incoming payments
III.providing a discount for customers who pay electronically
IV.establishing preauthorized payments from customers

• A)I and II only
• B)III and IV only
• C)II, III, and IV only
• D)I, II, and IV only
• E)I, II, III, and IV

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Definitions:

Transcription Factor

A protein that regulates gene expression by binding to specific DNA sequences, thus controlling the transfer of genetic information from DNA to mRNA.

RNA Polymerase

An enzyme responsible for transcribing RNA from a DNA template, playing a vital role in gene expression.

MicroRNA

Small non-coding RNA molecules involved in gene regulation by interfering with the translation of mRNA into proteins.

Cytoplasm

The gel-like substance inside a cell, excluding the nucleus, containing organelles in which the cell's processes occur.