The first step in the collection of overdue accounts is ________.
A) a letter
B) contacting a collection agency
C) legal actions
D) a personal visit

Question

Quizplus · Accepted Answer

The first step in the collection of overdue accounts is usually sending a letter to the debtor requesting payment. This is a common practice that allows the debtor to address the situation and make arrangements to fulfill their obligations.

The First Step in the Collection of Overdue Accounts Is