How can management practices speed the collection of receivables? Which management practices tend to slow the?

Question

Please help me this quesations. I need detail info.

Answer 1

When I worked in Accounts Receivable, management looked at reports showing the outstanding balances for 30, 60, 90, and 120 days. I was motivated to collect on the accounts (B 2 B) that were 90 to 120 days past due because if not I heard about it!!