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Business & FinanceAdminmedium26% of exam part

A Palm Coast owner receivable is 45 days past due. Which administrative step best supports collection without losing the record trail?

Correct Answer

C) management escalation note

Collection administration should preserve a written trail and escalate based on aging and rights deadlines.

Answer Options
A
invoice write-off memo
B
uncoded payment batch
C
management escalation note
D
bid alternates list

Why This Is the Correct Answer

Collection administration should preserve a written trail and escalate based on aging and rights deadlines.

Why the Other Options Are Wrong

Option A: invoice write-off memo

invoice write-off memo puts the item in the wrong financial bucket, timing, base, or comparison for receivable administration.

Option B: uncoded payment batch

uncoded payment batch puts the item in the wrong financial bucket, timing, base, or comparison for receivable administration.

Option D: bid alternates list

bid alternates list puts the item in the wrong financial bucket, timing, base, or comparison for receivable administration.

Memory Technique

Receivable ledger for Accounting Clerk: put collection in the right drawer.

Reference Hint

Open-book path: tab Contractor's Manual, 2025 to Business Administration, Accounts Receivable Follow-Up; confirm the administrative duty, record, or control described in the stem.

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