The existence of uncollectible accounts is evidence of poor credit policies.

Name: The existence of uncollectible accounts is evidence of poor credit policies.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The existence of uncollectible accounts is a normal part of doing business on credit, not necessarily indicative of poor credit policies. Businesses typically expect some level of accounts to be uncollectible due to various reasons like financial difficulties faced by customers.

The Existence of Uncollectible Accounts Is Evidence of Poor Credit