Examlex
A top executive never receives negative information from her staff. This is known as _______ and is a disadvantage of_____ communication.
Uncollectible Notes
Loans or promissory notes that have been deemed uncollectible by the creditor due to the borrower's inability to pay.
Bad Debts Expense
Bad debts expense represents the estimated amount of accounts receivable that a company does not expect to collect due to customers' inability to fulfill payment obligations.
Notes Receivable
Financial assets representing the right to receive payments from a debtor for a specified amount by a certain date.
Receivables Turnover
A financial ratio indicating how quickly a company collects outstanding accounts receivable.
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