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1. Explain the similarities and differences of lockbox systems and regional collection offices. (200 words) 2. Explain why the bad debt percentage or any other

1. Explain the similarities and differences of lockbox systems and regional collection offices. (200 words)

2. Explain why the bad debt percentage or any other similar credit control percentage is not the ultimate measure of success in the management of accounts receivable. What is the key consideration? (250 words)

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