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What has occurred when there is a decrease in the likelihood or rate of a target response?
Net Receivables
The total amount of money owed to a company by its customers after accounting for allowances for doubtful accounts.
Credit Sales
Sales made on credit where the payment is received after the service is delivered or the product is sold, thus creating receivables.
Credit Card Service Charge
Fees charged by credit card providers for processing transactions.
Allowance for Doubtful Accounts
An accounting method used to estimate the portion of a firm's receivables that it expects will not be collected.
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