An accounts receivable aging schedule is used to A) decide whether to
An accounts receivable aging schedule is used to
A) decide whether to extend credit.
B) determine whether legal action should be taken against a customer with a past due account.
C) provide information about whether the firm’s prices are too low.
D) monitor accounts receivable.
E) make decisions regarding the length of time a firm should take before paying suppliers.
ANSWER
D
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