Which one of the following is the normal order of events when a firm is collecting an account receivable from a customer?
A) Delinquency letter, collection agency, phone call, legal action.
B) Legal action, delinquency letter, phone call, collection agency.
C) Collection agency, delinquency letter, phone call, legal action.
D) Phone call, collection agency, delinquency letter, legal action.
E) Delinquency letter, phone call, collection agency, Legal action
Correct Answer:
Verified
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