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Table 15.6 A Breakdown of Teffan, Inc.'s Outstanding Accounts Receivable Dated June

Question 197

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Table 15.6
A breakdown of Teffan, Inc.'s outstanding accounts receivable dated June 30, 2014 on the basis of the month in which the credit sale was initially made follows. The firm extends 30-day credit terms. Table 15.6 A breakdown of Teffan, Inc.'s outstanding accounts receivable dated June 30, 2014 on the basis of the month in which the credit sale was initially made follows. The firm extends 30-day credit terms.   -An evaluation of the firm's collection efforts based on the aging schedule would suggest ________. (See Table 15.6)  A)  poor credit management B)  satisfactory credit management C)  superior credit management D)  overzealous collection efforts
-An evaluation of the firm's collection efforts based on the aging schedule would suggest ________. (See Table 15.6)


A) poor credit management
B) satisfactory credit management
C) superior credit management
D) overzealous collection efforts

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