Which of the following are an issue in a firm's management of its accounts receivable?
I.Deciding which customers to offer credit to.
II.Minimising the costs of carrying accounts receivables.
III.Following up slow paying customers.

Question

Quizplus · Accepted Answer

All three options are issues in a firm's management of its accounts receivable. Deciding which customers to offer credit to is important as it impacts the risk of bad debts. Minimizing the costs of carrying accounts receivables is crucial to maintain a healthy cash flow. Following up slow paying customers is essential to ensure timely collections and reduce the risk of bad debts.

Which of the Following Are an Issue in a Firm's