EBK AUDITING+ASSURANCE SERVICES
EBK AUDITING+ASSURANCE SERVICES
17th Edition
ISBN: 9780135171219
Author: ARENS
Publisher: PEARSON CO
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Chapter 16, Problem 23.2MCQ

Which of the following is least likely to be a reasonable explanation for an increase in accounts receivable turnover?

  1. (1) Early payment incentives for customers
  2. (2) Tightening of credit policy
  3. (3) Implementation of more aggressive collection policies
  4. (4) Allowance of a new grace period for customer payments
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