2 questions

If a business banker pulls a customer's Accounts Receivable Aging Schedule and observes that some of that customer's Accounts Receivable are over 90 days old, what is the appropriate response a. Inquire as to likelihood these Accounts Receivables will be collected b. Inquire as to the customer's procedures to collect sales made on credit c. Inform the customer that stale Accounts Receivables re not eligible for financing under the bank's credit policy d. All of the Above Question 17 For a business banker, if one of his customers has stale inventory; his biggest concern is that since the customer has not been able to sell the inventory, they may have to write it off True False