Some businesses use cycle billing, in which a company bills a portion of its credit customers each day of the month to smooth out uneven cash receipts.

Name: Some businesses use cycle billing, in which a company bills a portion of its credit customers each day of the month to smooth out uneven cash receipts.
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Question

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Cycle billing is a real billing practice used by some businesses to even out cash receipts by billing a portion of credit customers each day of the month.

Some Businesses Use Cycle Billing, in Which a Company Bills