In Reviewing the Accounts Receivable, the Cash Receivable Value Is

question 99

Multiple Choice

In reviewing the accounts receivable, the cash receivable value is $21,000 before the write-off of a $1,500 account. What is the cash receivable value after the write-off?

• A) $21,000
• B) $1,500
• C) $22,500
• D) $19,500

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Definitions:

Value Objective

A strategic goal focused on delivering superior value to customers, often by offering products or services that uniquely meet their needs or preferences.

Profit Objective

A financial goal setting the desired amount of profit a company aims to achieve within a specific period.

Customer Objective

Customer objective involves defining what a business aims to achieve in relation to its customers, such as increasing customer satisfaction, loyalty, or retention rates.

Marketing Budget Allocations

The distribution of financial resources among various marketing activities or channels.