An Increasing Average Collection Period Could Be Associated with

question 1

Multiple Choice

An increasing average collection period could be associated with

• A) decreasing sales.
• B) decreasing sales
• C) increasing accounts receivable
• D) a and c

---

Definitions:

Data Hierarchy

A systematic organization of data often in a hierarchical form ranging from bits and bytes up to databases.

Byte

A unit of digital information that most commonly consists of eight bits, representing a single character of data in most computer systems.

Database

An organized collection of structured information, or data, typically stored electronically in a computer system.

Entity

In general context, an entity refers to any distinct, existent thing or unit, including individuals, organizations, or other identifiable things in a particular domain of discussion.