The quality of receivables refers to the likelihood of collection without loss.

The quality of receivables refers to the ability of the customer to pay their debts on time and in full, and the likelihood of the company being able to collect the full amount owed without incurring any losses. A high-quality receivable is one that is likely to be collected without any issues, while a low-quality receivable is one that may not be collected in full or on time, resulting in a loss for the company. Therefore, the statement is true, and the answer is A.