Aging accounts receivable refers to the process of
A) Determining their present value
B) Determining their effect on sales
C) Determining how many are still collectible and discounting them accordingly
D) Determining future customer lists

Question

Quizplus · Accepted Answer

Aging accounts receivable involves categorizing outstanding invoices by the length of time they have been unpaid to assess their collectibility and manage credit risk.

Aging Accounts Receivable Refers to the Process of