Which Is True Regarding the Collectability of Accounts Receivable

Which is true regarding the collectability of accounts receivable?

A) A company should establish a credit policy after they have an issue with a customer not paying.
B) An accounts receivable aging report is not always helpful when monitoring receivables and collectability.
C) Newer accounts receivable balances should be monitored more since it is less likely the customer will pay.
D) Generally,the older the account,the less likely the customer will pay the bill.

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