If a firm has a large percentage of accounts over 30 days old, this is proof positive that its receivables manager is not doing a good job.

Name: If a firm has a large percentage of accounts over 30 days old, this is proof positive that its receivables manager is not doing a good job.
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Question

Quizplus · Accepted Answer

A large percentage of accounts over 30 days old could be influenced by several factors beyond the receivables manager's control, such as industry norms, economic conditions, or company credit policies.

If a Firm Has a Large Percentage of Accounts Over