- World's Largest Collection of Interview Questions
Start Your Own website Now
Sponsored Links

Interview Questions
Our Services

Get 9,000 Interview Questions & Answers in an eBook.

  • 9500+ Pages
  • 9000 Question & Answers
  • All Tech. Categories
  • 14 MB Content

    Get it now !!

    Send your Resume to 6000 Companies

    Question :
    What are the most important goals of accounts receivable?
    Category Accountancy Interview Questions
    Rating (0.4) By 1872 users
    Added on 9/7/2009
    Views 1841
    Rate it!

    These goals will depend on the needs of the organization. Show how you are aware of organizational needs and then identify the appropriate goals to meet them. Demonstrate a thorough understanding of what the goals express and how they support department and company objectives. Common aspects include positively impacting on company cash cycle, increasing cash flow, reducing DSO, reducing bad debt and write offs.

    Account receivable shows the real debtors (amount shown in currency)of the company. And it shows amount receivable from the debtors. It shows asset column in the balance sheet.

    Posted by: Harikrishnan    

    Contact Harikrishnan Contact Harikrishnan

    The important goal of accounts receivables is to minimise bad debts and to have a track of business debtors.
    It is easy to prepare statement of accounts and send to customers as a reminder which avoids bad debts.

    Posted by: Swamy    

    Contact Swamy Contact Swamy

    If you have the better answer, then send it to us. We will display your answer after the approval.
    Rules to Post Answers in

  • There should not be any Spelling Mistakes.
  • There should not be any Gramatical Errors.
  • Answers must not contain any bad words.
  • Answers should not be the repeat of same answer, already approved.
  • Answer should be complete in itself.
  • Name :*
    Email Id :*
    Answer :*
    Verification Code Code Image - Please contact webmaster if you have problems seeing this image code Not readable? Load New Code
    Process Verification  Enter the above shown code:*
    Inform me about updated answers to this question