The objective for managing accounts receivable is to avoid credit sales as much as possible.

Name: The objective for managing accounts receivable is to avoid credit sales as much as possible.
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Question

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The objective for managing accounts receivable is to collect payments on credit sales as efficiently as possible, while minimizing the risk of bad debts. Avoiding credit sales altogether may not be feasible or desirable for some businesses.

The Objective for Managing Accounts Receivable Is to Avoid Credit