Answer:
To manage cash efficiently, a company should try to collect payment for delivered products or services ___quickly_______.
Explanation:
Company B's credit policy is determined by how efficient its cash collection is. After selling goods and rendering services on credit, it becomes the responsibility of the company to ensure that cash is collected from customers in order to reduce credit risks. The company's operational activities will be jeopardized if cash is not quickly collected from credit customers. The company will soon be unable to carry out its basic functions and settle its maturing liabilities.
