Marriott International Finance and Accounts Supervisor Interview Questions and Answers

AR process refers to the process of managing accounts receivable, including invoicing, payment collection, and reconciliation.

• AR process involves creating and sending invoices to customers

• It also involves tracking payments and following up on overdue payments

• AR process includes reconciling customer accounts and resolving any discrepancies

• Effective AR process helps improve cash flow and reduce bad debt

• Examples of AR sof

The time required to recover the credit depends on various factors such as the amount of credit, the debtor's financial situation, and the collection strategy.

• The recovery time can range from a few weeks to several months or even years.

• The credit recovery process involves various steps such as sending reminders, making phone calls, and sending legal notices.

• The debtor's financial situation plays a crucial role in deter...read more