An Increasing Accounts Receivables Balance Is Always a Good Sign

question 47

True/False

An increasing accounts receivables balance is always a good sign as it means the company has more current assets and is more liquid.

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Definitions:

Constantly Changing

An environment or situation that is continuously evolving or undergoing modifications.

Core Values

Fundamental beliefs or guiding principles that shape an individual's or organization's actions and decisions.

Core Values

Fundamental beliefs and principles that guide an organization's actions and decisions.

Customer Service

The support and assistance provided by a company to those who buy or use its products or services, aimed at ensuring customer satisfaction.