Once an Accounts Receivable Is Written Off ________

question 177

Multiple Choice

Once an accounts receivable is written off ________.

• A) the account must be turned over to a collection agency
• B) the company continues to pursue the collection
• C) the company still expects to be paid
• D) the customer's accounts receivable is removed from the books

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Definitions:

U.S. Constitution

The paramount legal document in the United States which delineates the structure of the national government and the essential liberties of its inhabitants.

Fourteenth Amendment

An amendment to the U.S. Constitution granting citizenship to all persons born or naturalized in the United States, including former slaves, and guaranteeing all citizens "equal protection of the laws."

Bill of Rights

The initial ten amendments of the United States Constitution, ensuring basic rights and liberties for the citizens of America.

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The governing bodies of individual U.S. states, responsible for local laws and policies within their respective territories.