According to the American Collectors Association, if a business is writing off more than ________ of its sales as bad debts, it needs to tighten its credit and collection policies.
A) 3 percent
B) 5 percent
C) 10 percent
D) 25 percent

Question

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According to the American Collectors Association, if a business is writing off more than 5 percent of its sales as bad debts, it needs to tighten its credit and collection policies.

According to the American Collectors Association, If a Business Is