Examlex
Which term refers to an inflexible adherence to the rules that may impede the purpose of the organization?
Past-due Account
An account that has not been paid by the due date, indicating overdue payments.
Receivable
Amounts of money owed to a company by customers or clients for goods or services delivered but not yet paid for.
Average Collection Period
The average collection period is the average number of days it takes for a business to receive payments owed by its customers for sales made on credit.
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