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Collection policy refers to the: process of determining the probability that customer, will not pay process of determining which customers will be granted credit. Process
Collection policy refers to the: process of determining the probability that customer, will not pay process of determining which customers will be granted credit. Process of handling cash Inflows and outflows of cash. set of procedures a firm follows in collecting accounts receivable set of guidelines used by a firm to determine the cost of offering credit to its customers
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