The most common threshold for account receivable groupings is
A)0-5 days.
B)n/120 days.
C)30-60 days.
D)160-180 days.

Question

Quizplus · Accepted Answer

The most common threshold for account receivable groupings is usually between 30-60 days. This is because invoices that are outstanding for longer than 30 days are generally considered past due, and companies may begin to take action to collect these debts. However, some companies may also use different thresholds based on the industry or specific factors related to their customers.

The Most Common Threshold for Account Receivable Groupings Is