Company ___________ are the procedures followed to collect accounts receivable when they come due.
A) collection policies
B) credit analyses
C) credit policies
D) credit scorings

Question

Quizplus · Accepted Answer

Collection policies refer to the procedures followed by a company to collect accounts receivable when they are due. Credit analyses, credit policies, and credit scorings are related to assessing the creditworthiness of customers and setting credit terms, but they do not directly address the process of collecting overdue accounts.

Company ___________ Are the Procedures Followed to Collect Accounts Receivable