ORCC » Topics » Allowance for Doubtful Accounts

These excerpts taken from the ORCC 10-K filed Mar 3, 2009.
Allowance for Doubtful Accounts
 
Allowance for Doubtful Accounts. The Company performs ongoing credit evaluations of its customers’ financial condition and limits the amount of credit extended when deemed necessary, but generally does not require collateral. Management believes that any material risk of loss is significantly reduced due to the Company’s broad client base as well the number of its customers and geographic areas. The Company maintains an allowance for doubtful accounts to provide for probable losses in accounts receivable.
 
Allowance
for Doubtful Accounts



 



Allowance for Doubtful Accounts. The Company performs ongoing
credit evaluations of its customers’ financial condition
and limits the amount of credit extended when deemed necessary,
but generally does not require collateral. Management believes
that any material risk of loss is significantly reduced due to
the Company’s broad client base as well the number of its
customers and geographic areas. The Company maintains an
allowance for doubtful accounts to provide for probable losses
in accounts receivable.


 




These excerpts taken from the ORCC 10-K filed Apr 9, 2008.
Allowance for Doubtful Accounts
 
The Company performs ongoing credit evaluations of its customers’ financial condition and limits the amount of credit extended when deemed necessary, but generally does not require collateral. Management believes that any risk of loss is significantly reduced due to the nature of the customers being financial institutions and credit unions as well as the number of its customers and geographic areas. The Company maintains an allowance for doubtful accounts to provide for probable losses in accounts receivable.
 
Allowance
for Doubtful Accounts



 



The Company performs ongoing credit evaluations of its
customers’ financial condition and limits the amount of
credit extended when deemed necessary, but generally does not
require collateral. Management believes that any risk of loss is
significantly reduced due to the nature of the customers being
financial institutions and credit unions as well as the number
of its customers and geographic areas. The Company maintains an
allowance for doubtful accounts to provide for probable losses
in accounts receivable.


 




This excerpt taken from the ORCC 10-K filed Mar 16, 2007.
Allowance for Doubtful Accounts
 
The Company performs ongoing credit evaluations of its customers’ financial condition and limits the amount of credit extended when deemed necessary, but generally does not require collateral. Management believes that any risk of loss is significantly reduced due to the nature of the customers being financial institutions and credit unions as well as the number of its customers and geographic areas. The Company maintains an allowance for doubtful accounts to provide for probable losses in accounts receivable.


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Table of Contents

 
ONLINE RESOURCES CORPORATION
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 
This excerpt taken from the ORCC 10-K filed Mar 16, 2006.
Allowance for Doubtful Accounts
 
The Company performs ongoing credit evaluations of its customers’ financial condition and limits the amount of credit extended when deemed necessary, but generally does not require collateral. Management believes that any risk of loss is significantly reduced due to the nature of the customers being financial institutions and credit unions as well as the number of its customers and geographic areas. The Company maintains an allowance for doubtful accounts to provide for probable losses in accounts receivable.
 
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