Question Tag: Debt Collection

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FM – Nov 2024 – L2 – Q5b – Overdue Debt Collection

Steps to collect overdue debts in financial management.

Outline the steps to be followed to collect overdue debts.

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AT – Nov 2016 – L3 – Q2b – Tax administration in Ghana

Examine the rules for using landed property as security for unpaid taxes and recovering taxes from persons owing money to the tax debtor.

b) Tax, when it becomes due and payable, is a debt due to GRA and is payable to the Commissioner-General.

Required:
i) Examine the rules where the Commissioner-General can use security on landed property for unpaid tax. (5 marks)
ii) Detail out the rules where the Commissioner-General can recover tax from persons owing money to the GRA as a tax debtor. (5 marks)

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FM – May 2021 – L2 – Q3d – Working Capital Management

Discuss one merit and one demerit of engaging the services of a debt factoring agency.

Discuss ONE (1) merit and ONE (1) demerit of engaging the services of a debt factoring agency. (3 marks)

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FM – Nov 2024 – L2 – Q5b – Overdue Debt Collection

Steps to collect overdue debts in financial management.

Outline the steps to be followed to collect overdue debts.

Login or create a free account to see answers

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AT – Nov 2016 – L3 – Q2b – Tax administration in Ghana

Examine the rules for using landed property as security for unpaid taxes and recovering taxes from persons owing money to the tax debtor.

b) Tax, when it becomes due and payable, is a debt due to GRA and is payable to the Commissioner-General.

Required:
i) Examine the rules where the Commissioner-General can use security on landed property for unpaid tax. (5 marks)
ii) Detail out the rules where the Commissioner-General can recover tax from persons owing money to the GRA as a tax debtor. (5 marks)

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FM – May 2021 – L2 – Q3d – Working Capital Management

Discuss one merit and one demerit of engaging the services of a debt factoring agency.

Discuss ONE (1) merit and ONE (1) demerit of engaging the services of a debt factoring agency. (3 marks)

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