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As a financial manager, you have received a report from headquarters that indicates that your branch has fallen behind on receivable collections. The staff is

As a financial manager, you have received a report from headquarters that indicates that your branch has fallen behind on receivable collections. The staff is questioning the valuation of the receivable account and the rate of collection. Explain your control structure over the receivable file, steps to improve the rate of collection, additional write-offs of receivables and the method you would choose to do so

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