An accounts receivable aging schedule is used to

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Question 1

All of the following are part of the five "Cs" of credit analysis EXCEPT
◦ currency.
◦ capital.
◦ collateral.
◦ conditions.
◦ capacity.

Question 2

An accounts receivable aging schedule is used to
◦ decide whether to extend credit.
◦ determine whether legal action should be taken against a customer with a past due account.
◦ provide information about whether the firm's prices are too low.
◦ monitor accounts receivable.
◦ make decisions regarding the length of time a firm should take before paying suppliers.

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