The purpose of aging accounts receivable is?

Aging accounts receivable is the process of categorizing and organizing all the accounts receivable in a business, according to the amount of time they have been outstanding. It helps businesses to track and monitor the time it takes for customers to pay their bills and identify any past due accounts that require further actions, such as collections. Options A, B, and D are incorrect as they do not directly relate to the purpose of aging accounts receivable. Tracking profitability, calculating taxes, and monitoring expenses are important aspects of managing a business, but they are not the main purpose of aging accounts receivable.