Acceleration refers to which concept regarding assessments?

• A. The process of delaying payments
• B. The collection of all assessments due through the end of the fiscal year
• C. Increasing monthly payments
• D. Extending the fiscal year

Answer: (B)

Acceleration means bringing future payments forward so they are collected sooner. In assessments, it means requiring payment of all amounts that would have been due through the end of the fiscal year to be collected now, rather than in separate future installments. This tightens cash flow and reduces the risk of nonpayment by converting the remaining scheduled payments into a single, earlier collection. The other options describe delaying payments, increasing monthly payments, or extending the fiscal year, which do not reflect the idea of speeding up the schedule.