Collection letters are used to:
A. remind certain customers that they have not paid their bills.
B. respond to claim letters.
C. make requests when there are problems with products or services.
D. congratulate co-workers on their promotions.
A
A collection letter is a letter in which a company reminds certain customers that they have not
paid their bills. The goal is to get customers to pay without losing their goodwill.
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A property use that unreasonably interferes with another person's ability to use or enjoy her own property may lead to an action for nuisance against the landowner or possessor engaged in the objectionable use.
Answer the following statement true (T) or false (F)
For the month of December, the records of Former Corporation show the following information: Cash received on accounts receivable .................. $ 70,000 Cash sales ............................................ 60,000 Accounts Receivable, December 1 ....................... 160,000 Accounts Receivable, December 31 ...................... 148,000 Accounts Receivable written off as uncollectible
...... 2,000 The corporation uses the direct write-off method in accounting for uncollectible accounts receivable. What are the gross sales for the month of December? a. $144,000 b. $130,000 c. $118,000 d. $120,000
The predetermined overhead allocation rate is the rate used to ________.
A. allocate estimated manufacturing overhead costs to jobs B. allocate actual manufacturing overhead costs incurred during a period C. assign direct material costs to jobs D. trace manufacturing and non manufacturing costs to jobs
Section 1 of the Sherman Act outlaws monopolies and attempts to monopolize
a. True b. False Indicate whether the statement is true or false