An accounts receivable control file is a summary of the accounts receivable by type of account,such as "installment" or "net 30 days."

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This statement is true, as an accounts receivable control file is a summary of the accounts receivable by type of account, including payment terms or other relevant information. It helps businesses manage and monitor their outstanding receivables and track cash flows.

An Accounts Receivable Control File Is a Summary of the Accounts