If a firm has a large percentage of accounts over 30 days old,this is solid proof 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 solid proof 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 due to various factors such as industry norms, economic conditions, or company credit policies, not solely the performance of the receivables manager.

If a Firm Has a Large Percentage of Accounts Over