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Collection policy

• Procedures followed by a firm in attempting to collect accounts receivables.

• The procedures for collecting a firm's accounts receivable when they are due.

 
 Embedded terms in definition
 Accounts receivable
Firm
Receivables
 
 Related Terms
 

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What looks like a loss may be the very event which is subsequently responsible for helping to produce the major achievement of your life. Srully D. Blotnick

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