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The company you work for typically records the current month's overdue debit for the same...

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Accounting

The company you work for typically records the current month's overdue debit for the same amount as the actual receivables write-offs from the previous month. Using your general knowledge of accounting, explain why this process is not the best method. Then, assuming you will use regression analysis, explain the process and describe the data / information that you would request / include to perform the analysis.

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