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Free Florida Electrical Contractor Exam Practice Questions
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Question 1 of 10Business: Maintaining Cash Flow
A contractor's accounts receivable aging report shows total sales flat but the 90-day column growing for three months, led by a commercial customer with 85,000 dollars outstanding and no dispute on file. The company has the right to record a construction lien and its next progress draw from that customer is due soon. What is the most effective first step to protect this receivable?
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