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CTP · Question #671

(Topic 7) A supplier can improve invoicing float by:

The correct answer is C. shortening its order-entry process. See the full explanation below for the reasoning.

Question

(Topic 7)

A supplier can improve invoicing float by:

Options

Arenegotiating credit terms.
Bestablishing a bank lockbox.
Cshortening its order-entry process.
Dfactoring its receivables.

How the community answered

(21 responses)

A
10% (2)
B
5% (1)
C
71% (15)
D
14% (3)

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