The debt collection division of a business assists in reducing the effect of some disadvantages experienced when extending credit to consumers. Which one of the following disadvantages will be addressed by the debt collection division? (1)

A.
Likelihood of credit sales

B.
Higher administration and operational cost

C.
Increased need for capital

D.
Slowdown in cash inflow

E.
Purchasing of new products on credit

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
7 months ago

D. Slowdown in cash inflow