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Which of These Is NOT a Recommended Policy for Managing

Question 32

Multiple Choice

Which of these is NOT a recommended policy for managing accounts receivable?


A) Maintaining constant "aging" of customers to quickly identify the ones who may become delinquent.
B) Using your bank as a lock box for the receipt of payments.
C) Enforcing significant late fees and interest on past due accounts.
D) Discontinuing credit sales to customers who become significantly late in paying.

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