This quiz is to test how well you know your bill and collect. You may consult the recent article "The Death Utility Bill and Collect" as you take it. Good luck!
1 million
5 million
10 million
20 million
50 million
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Virginia Love
Peter Voelkel
Dave Staal
Doug Hastings
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Increase in property income
Being able to collect bills faster
Decrease in the amount of delinquent payments
Decrease in the workload for property staff
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25,000 to 100,000
500,000 to 1 million
1.5 to 2 million
10 to 25 million
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Garbage fees
Pet fees
Utilities
Rent
All of the above might be included on a convergent bill.
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10 to 20 percent
20 to 30 percent
30 to 40 percent
40 to 50 percent
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Accelerated collections
Decreased vacant costs
Less required working capital
Reduced administrative workload
Improved transparency
Increased resident satisfaction
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It’s the lowest priced option.
It operates “out of sight, out of mind.”
Cryptic, complex vendor remittance statements
It’s accepted as a necessary evil.
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Quiz Review Timeline (Updated): Jun 26, 2023 +
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