The ageing schedule is a report that shows the breakdown of a company's accounts receivable by their date of sale, identifies and tracks delinquent accounts, and is an important financial tool for analysing the quality of a company's receivables. Therefore, all of the above options are correct.

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The Ageing Schedule

Question 52

Multiple Choice

The ageing schedule

A) shows the breakdown of the company's accounts receivable by their date of sale.
B) identifies and then tracks delinquent accounts and to see that they are paid.
C) are an important financial tool for analysing the quality of a company's receivables.
D) All of the above.

Correct Answer: