Each of the Following Represents an Effective Cash Management Practice

Each of the following represents an effective cash management practice except:

A) Short-term investments should be purchased with excess cash in order to maximize the interest-earning potential.
B) Payments should be delayed as long as possible (without compromising the relationship with the payee) in order to maximize the interest-earning potential.
C) Payments should be expedited in order to simplify record keeping.
D) Receivable collections should be expedited or receivables should be sold in order to minimize the costs associated with accounting for customer accounts and servicing delinquent accounts.