A Company's ________ Are the Procedures Followed to Collect Accounts

question 208

Multiple Choice

A company's ________ are the procedures followed to collect accounts receivable when they come due.

• A) collection policies
• B) credit scorings
• C) credit policies
• D) credit analysis

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Definitions:

Due Process Clause

Constitutional guarantees that provide individuals the right to fair governmental procedures and trials.

Double Jeopardy Clause

A provision of the Fifth Amendment to the U.S. Constitution that protects individuals from being tried twice for the same offense in the same jurisdiction.

Gideon's Rule

A legal principle stemming from Gideon v. Wainwright (1963) that guarantees the right to free legal representation for defendants in criminal cases who cannot afford an attorney.

Fourteenth Amendment

An amendment to the U.S. Constitution, ratified in 1868, that guarantees equal protection under the law to all citizens.