The quality of receivables refers to:

Question

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The quality of receivables refers to the likelihood of collection without loss. It is a measure of how collectible the receivables are and how likely they are to be paid on time. This can be affected by factors such as the creditworthiness of the customers, the age of the receivables, and any disputes or issues that may affect collection. It is important for businesses to monitor the quality of their receivables to ensure that they are managing their cash flow effectively and minimizing the risk of bad debt.

The Quality of Receivables Refers To