Select the Correct Statement

Select the correct statement.

A) To remain competitive it is usually best for a firm to take longer to collect money owing by trade debtors.
B) By lessening control over trade debtors, it may be possible for the firm to make debtors balances available for other purposes.
C) By exercising tighter control over trade debtors, it may be possible for a firm to release funds for other purposes.
D) None of the statements is correct.