Some businesses use ________,in which a company bills a portion of its credit customers each day of the month,to smooth out uneven cash receipts.
A)process billing
B)a zero balance account
C)alternate billing
D)cycle billing

Question

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Cycle billing is a technique used by businesses to spread out cash receipts evenly throughout the month. It involves dividing a company's credit customers into different groups or cycles and billing each group on a different day of the month. This way, the company doesn't have to wait for a large lump sum payment at the end of the month, but instead receives smaller payments consistently throughout the month. This helps to improve cash flow and reduce the risk of cash shortages.

Some Businesses Use ________,In Which a Company Bills a Portion