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متابعة

Which of the following is the most common cause of bad debt?

 

A)  Debtor refusal to repayment 

 

B)  Debtor left the country 

 

C)  Debtor committed a crime

 

D)  Debtor declared to be a bankrupt 

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تم إضافة السؤال من قبل danish shafiq , Accountant , Anayat Fan
تاريخ النشر: 2016/06/23
Gayasuddin Mohammed
من قبل Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

Option (D) than comes (A). are the answers. I think so. Thanks.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Thank you Mr. Danish shafiq for your invitation. Mostly the main reason of bad debt is delay in payment of customers. There are many reasons for bad debts, Business Loss, Money stolen, Earth disasters, involve in criminal activities, Bank Defaulter, Govt Sanctions, Illegal supplies.

But in the above options A. 

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Experts already gives answer so go with all.thanks

Parthasarathy Brahma
من قبل Parthasarathy Brahma , Assistant Business Controller , Accenture Services Pvt Ltd

D)  Debtor declared to be a bankrupt 

dhirendra Chaudhary
من قبل dhirendra Chaudhary , Chef Accountant , sherpa Adventur Outlet Pvt.Ltd

A. Debtor refusal to repayment

manseer muhammed ali
من قبل manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

I thinck the question is incomplete.

Here is the most common cause of bad debts :

Top 10 causes of debt
  1. Reduced income/same expenses.
  2. Divorce.
  3. Poor money management.
  4. Underemployment.
  5. Gambling.
  6. Medical expenses.
  7. Saving too little or not at all.
  8. No money-communication skills.
  9. Banking on a windfall.
  10. Financial illiteracy.

Vaqar Ali Sayyed
من قبل Vaqar Ali Sayyed , AutoCad Opertator , Carlo Gavaazzi Arabia Co. Ltd.

Thanks Mr. Danish,

D)  Debtor declared to be a bankrupt 

Agnal Varghese
من قبل Agnal Varghese , Senior accounts , sharjah golf and shooting club

option B is common in market now a days

Rupali Bhosle
من قبل Rupali Bhosle , Accounts Executive , UNiCORN M.E.P. CONSULTANTS Pvt. Ltd

The most common bad debt is debtor declared to be bankrupt

Amit Falnikar
من قبل Amit Falnikar , Group Finance Manager , Transmak Dewatering Services LLC

Most common cause would be D)

MD ASRAR AHMED MUSHARAF
من قبل MD ASRAR AHMED MUSHARAF , Order Management Specialist , SM Retailer

it depends on the scale of debt 

in large funds bankruptcy of debtors is most common 

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