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What is the concern regarding the long-term viability of Social Security?
Aging of Receivables
A method for managing accounts receivable by categorizing debts by their due ages to estimate the timing of collections.
Allowance for Doubtful Accounts
An estimation of the accounts receivable that a company does not expect to collect, serving as a contra account to accounts receivable.
Bad Debt Expense
The cost associated with accounts receivable that a company is not able to collect.
Interest
The cost of borrowing money or the compensation received by lenders, usually expressed as an annual percentage rate.
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