Which one of the following is not a principle of sound accounts receivable management? A)Determine to whom to extend credit. B)Delay cash receipts from receivables if necessary. C)Monitor collections. D)Determine a payment period.

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Delaying cash receipts from receivables is not a principle of sound accounts receivable management; instead, the goal is to collect receivables as quickly as possible to maintain cash flow.

Which One of the Following Is not a Principle of Sound