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This is an analysis of costs and revenue to determine whether a venture will make a profit. This is important information in deciding on whether to make an investment. The length of time required to repay the initial investment can be a critical factor.

• Explain the accounts payable cycle.

• What accounts payable applications are your familiar with?

• Detail your responsibilities in accounts receivable.

• What role did you play in collections?

• What software applications have your used for accounts receivable?

• What information is included in a bill for services?

• What was your average accounts receivable days outstanding/days sales outstanding?

• What are the most important goals of accounts receivable?

• Which accounting applications are your familiar with?

• Give me examples of the accounting reports you have prepared.