Discussion: "Accounts Receivable Management"
1. Examine the five steps to managing accounts receivable. Speculate on the step that is most vulnerable to fraud. Suggest at least two actions that a company can take in order to protect this step from fraud.
2. Imagine that your company has tasked you with developing a plan for factoring accounts receivables. Create one scenario that demonstrates the key benefits and / or detriments to your company from factoring accounts receivable.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.