Accounting
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Boundless Accounting
Controlling and Reporting of Cash and Receivables
Accounting Textbooks Boundless Accounting Controlling and Reporting of Cash and Receivables
Accounting Textbooks Boundless Accounting
Accounting Textbooks
Accounting

Section 5

Basics of Receivables Management

Book Version 3
By Boundless
Boundless Accounting
Accounting
by Boundless
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2 concepts
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Activities to Manage Receivables

Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit.

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Managing to Prevent Fraud

To help prevent fraudulent activities, management must implement internal controls/structure and know what situations to look for.

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