Which of the Following Statements Would Be the Best Closing

question 10

Multiple Choice

Which of the following statements would be the best closing for a persuasive claim or complaint letter?

• A) If my claim is not granted, I will contact the Better Business Bureau immediately.
• B) Please credit my account for $256 by August 31, which is when my next billing cycle begins.
• C) My attorney is eagerly waiting to see whether my claim is granted.
• D) Please get back to me at your earliest convenience.

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Definitions:

Bad Debt Expense

The cost associated with accounts receivable that a company is unable to collect, considered as an expense on the income statement.

Accounts Receivable Turnover Ratio

A financial metric that measures how efficiently a company collects revenue from its credit sales, calculated by dividing net credit sales by average accounts receivable.

Gross Sales

The total sales revenue of a business before any deductions are made for returns, allowances, or discounts.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of accounts receivable that may not be collectible.