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CIMAPRA19-F01-1 Exam - Topic 6 Question 129 Discussion

Which of the following are techniques that can be used by a company to ensure they receive timely payment of receivables? Select ALL that apply:
A) Offering cash or early payment discount and B) Charging interest on late payments and C) Assessing credit risk of customers before they are given credit
D) Offering extended credit to return customers
E) Offering free items

CIMAPRA19-F01-1 Exam - Topic 6 Question 129 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 129
Topic #: 6
[All CIMAPRA19-F01-1 Questions]

Which of the following are techniques that can be used by a company to ensure they receive timely payment of receivables? Select ALL that apply:

Show Suggested Answer Hide Answer
Suggested Answer: A, B, C

by Basilia at Jul 01, 2026, 11:44 AM

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Roy
9 hours ago
C is a must. Knowing your customers is crucial.
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Corazon
6 days ago
E seems pointless. Free items won’t guarantee payment.
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Miesha
11 days ago
I’m not sure about D. Extended credit can be risky.
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Evangelina
16 days ago
B is important too. Late fees can motivate customers.
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Clorinda
21 days ago
Definitely! A helps encourage quick payments.
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Osvaldo
26 days ago
I think A and C are key.
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Marshall
1 month ago
I disagree with offering free items, that won't help cash flow.
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Celestina
1 month ago
Surprised E) is even an option here!
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Sherly
1 month ago
D) seems risky, not sure it helps with timely payments.
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Janine
2 months ago
I think B) is a must too!
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Hubert
2 months ago
A) and C) are definitely smart moves!
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Ernestine
2 months ago
I feel like assessing credit risk (C) is crucial, but I can't recall if offering free items (E) is a common practice for this purpose.
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Helaine
2 months ago
I think B is also a good option since charging interest could encourage timely payments.
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Stephaine
2 months ago
I'm not entirely sure about D; offering extended credit seems risky, but it might work for loyal customers.
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Raul
2 months ago
I remember discussing cash discounts in class, so I think A is definitely a technique.
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