Unless the Delivery Delay Is Going to Be Very Long

question 47

True/False

Unless the delivery delay is going to be very long, it is unwise to alert the buyer to minor delivery delays.

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Definitions:

Operating Activities

Activities that relate directly to the operation of a company, including production, sales, and day-to-day business functions.

Accounts Receivable

Money owed to a company by customers for products or services that have been delivered but not yet paid for.

Statement of Cash Flows

A financial report summarizing the total cash inflows and outflows experienced by a company.

Operating Activities

The day-to-day actions that businesses undertake to generate earnings, such as selling products or services.