of the following are key issues in controlling and managing receivables?
A) Separate cash-handling, credit, and accounting duties to keep employees from stealing cash collected from customers.
B) Extend credit only to customers who are most likely to pay.
C) Pursue collection from customers to maximize cash flow.
D) All of the above are key issues in controlling and managing receivables.

Question

Quizplus · Accepted Answer

All of the choices listed are key issues in controlling and managing receivables. Separating duties helps prevent fraud, extending credit wisely minimizes bad debts, and pursuing collections improves cash flow.

Of the Following Are Key Issues in Controlling and Managing