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Hello! I'm a financial management student, this question is about our subject Credit and Collection Management. Please help me answer this questions: What mistakes do

Hello! I'm a financial management student, this question is about our subject Credit and Collection Management. Please help me answer this questions:

What mistakes do business make when it comes to preventing debts and collecting on accounts?

Please explain the credit and collection practices/activities here in the Philippines amidst the pandemic scare.

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