Aaron,a Businessman,has a Method of Keeping Track of Accounts Receivable

question 34

Multiple Choice

Aaron,a businessman,has a method of keeping track of accounts receivable by sorting them into groups of those that are 30,60,90,and over 90 days past due.Aaron's key in controlling receivables is to have them _____,by sorting them into groups.

• A) collected
• B) aged
• C) merged
• D) written-off