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3. Credit standing is an important factor in accounts receivable management in order to minimise bad debts. (a) What are the information required by a

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3. Credit standing is an important factor in accounts receivable management in order to minimise bad debts. (a) What are the information required by a company before it can offer credit facilities to customers? (10) (b) What are the questions that need to be considered when determining credit conditions in accounts receivable management? Explain

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