Letters of Inquiry regarding Financial Status and Collection Letters — SPCC STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceSPCCLetters of Inquiry regarding Financial Status and Collection Letters2 Marks
Question
By which other name, the collection letters are known?
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Answer
Collection letters are also called ‘Dunning Letters’. The meaning of the English word ‘to dun’ means ‘to remind repeatedly for making payment and to insist on prompt payment’.
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