A Decrease in Accounts Receivable Turnover Ratio Is Indicative Of

question 138

Multiple Choice

A decrease in accounts receivable turnover ratio is indicative of:

• A)an increase in sales revenue.
• B)slower-selling inventory.
• C)an increase in accounts receivable.
• D)a decline in cost of goods sold.

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Definitions:

ConWIP

Stands for "Constant Work-In-Process," a production control strategy focused on limiting the amount of work in process to improve flow and reduce waste.

Input-Output Control

A production management technique that monitors the input of materials and output of products to ensure efficient operation of the manufacturing process.

Finite Capacity Scheduling

A method for planning and scheduling resource allocations and processes, considering the limited availability of these resources.

Time Buckets

A term used in planning and scheduling to represent specific periods of time, such as days, weeks, or months, for organizing activities or data.