Question
Discuss 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.
Discuss 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?
Please provide a detailed explain and example.
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
