Increasing the speed with which receivables are collected has no impact on the cash budget.

Name: Increasing the speed with which receivables are collected has no impact on the cash budget.
Brand: Quizplus
Rating: 4.7 (60 reviews)

Question

Increasing the speed with which receivables are collected has no impact on the cash budget.​

Quizplus · Accepted Answer

Increasing the speed with which receivables are collected will have a positive impact on the cash budget, as it will increase the amount of cash coming in sooner. This will help to improve cash flow and may also allow for earlier payment of bills or other obligations.

Increasing the Speed with Which Receivables Are Collected Has No