When Preferred Pet Care Inc., a mobile veterinary care company, first started operations, it extended three months of credit to customers. It soon began to experience a cash flow problem. A finance professional was hired to:

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Since the company is experiencing a cash flow problem due to extending three months of credit to customers, hiring a finance professional to manage accounts receivable would be the best choice. This would involve creating a strategy for collecting payments from customers in a timely manner and ensuring that the company's cash flow improves. Managing accounts payable or developing tax strategies may be important tasks, but they wouldn't address the immediate cash flow issue that the company is facing. Auditing the company ledgers may be necessary at some point, but it's not the most pressing concern in this particular scenario.