Which of the following reports helps businesses in assessing their outstanding debts?

The Accounts Receivable Aging Report is the primary tool for businesses to assess their outstanding debts. This report provides a detailed analysis of the money owed to the business by customers, broken down into categories based on how long the invoices have been outstanding. By organizing the debts into age brackets (such as current, 30 days late, 60 days late, and so forth), the report enables businesses to easily identify overdue payments, prioritize follow-up actions with customers, and implement effective credit management strategies.

This report is crucial for cash flow management because it highlights which debts are most urgent and helps in understanding customer payment behavior. It also aids in decision-making regarding credit terms and policies, ultimately influencing the overall financial health of the business.

The other reports listed do not focus specifically on outstanding debts. The Sales Forecast Report provides projections of future sales, while the Expense Summary Report details spending over a given period. The Financial Overview Report presents a broader view of the company's financial status but does not drill down into receivables specifically. Thus, the Accounts Receivable Aging Report stands out as the most relevant choice for assessing outstanding debts.