Page 18 - CIMA MCS Workbook August 2018 - Day 2 Tasks

CIMA NOVEMBER 2018 – OPERATIONAL CASE STUDY

I would appreciate your thoughts on the following in this respect:

• Firstly the likely impact of these new customers on how receivables are managed.
Currently most members pay fees at the end of the month by direct debit with invoices
only being sent out for ‘extras’ such as attending classes. With the contracts a monthly
invoice will be sent to the company concerned who will deduct the payments from
employees’ wages.
• Secondly, any measures that we should consider to mitigate any additional recoverability
risks that might arise. Within this, could you recommend, with reasons, the most
important step we should take out of the options presented.

Kind Regards
Nicola Collette

TASK

Respond to Nicola’s Email.
(Time allowed 30 Minutes)

38 KAPLAN PUBLISHING