Examlex
The most obvious sorting factor is _____.
ACP
Average Collection Period (ACP) is a financial metric that measures the average number of days it takes for a company to collect payments from its customers after a sale has been made.
Bad Debts
Accounts receivable that a company does not expect to collect and writes off as a loss.
Credit Policy
The guidelines a company follows to determine the creditworthiness of its customers and the terms and conditions of credit it will extend to them.
Bad Debts
Amounts owed to a company that are written off as uncollectible, typically from customers who fail to pay their invoices.
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