
The debtor collection period of a business has increased from 55 to 90 days.
Which reason could not account for this?
Select ONE answer:
- a large bad debt written off
- a large credit sale made just before the year end
- a major customer in financial difficulty
- poor credit control
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 1
- Correct
- Not correct
- Not correct
- Not correct
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