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How bad debts can be minimised by managing a well-documented

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Problem 1: To minimise the likelihood of bad debts, it is important to prepare reports documenting accounts receivable, debt recovery process, debt minimising process. List at least 4 key points how bad debts can be minimised by managing a well-documented debt recovery plan.

Problem 2: List at least 3 points that are correct practice to identify, investigate and rectify if you receive incorrect invoice from your supplier.

Reference no: EM132726167

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