Examlex
The sense of smell is
Receivables
Money owed to a company by its customers for goods or services that have been delivered or sold but not yet paid for.
Collection Procedures
Established methods used by businesses to follow up on and collect unpaid debts from customers.
Accounts Receivable
Amounts owed to a company by its customers for goods or services that have been delivered but not yet paid for.
ACP
Average Collection Period, indicating the average number of days it takes for a company to receive payments from its customers.
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