To Collect on the Accounts Receivable Due to the Firm

question 47

Multiple Choice

To collect on the accounts receivable due to the firm, a firm can:

• A)send a delinquency letter of past due status to the customer.
• B)make personal contact by telephone.
• C)employ a collection agency.
• D)take legal action against the customer as necessary.
• E)All of the above.