Examlex
What is the last step of the marketing planning process? Why is this step important?
Receivables
All money claims against other entities, including people, business firms, and other organizations.
Written Off
The process of recognizing that a portion of a company's assets or receivables has decreased in value and is unlikely to be recovered, thus removing it from the balance sheet.
Account Receivable
A claim against the customer created by selling merchandise or services on credit.
Reinstated
Restoring something to its previous state or position, often used in the context of employment, insurance, or legal status.
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