Which Is True Regarding the Collectability of Accounts Receivable

question 2

Multiple Choice

Which is true regarding the collectability of accounts receivable?

• A)A company should establish a credit policy after they have an issue with a customer not paying.
• B)An accounts receivable aging report is not always helpful when monitoring receivables and collectability.
• C)Newer accounts receivable balances should be monitored more since it is less likely the customer will pay.
• D)Generally,the older the account,the less likely the customer will pay the bill.

Analyze the impact of trade policies, including tariffs and quotas, on national economies.

Understand the principles of absolute and comparative advantage in international trade.

Evaluate the effects of trade restrictions on prices and economic efficiency.

Recognize the importance of free trade agreements and economists' perspectives on trade.