__________ of the Fifty U

question 49

Multiple Choice

__________ of the fifty U.S. states maintain an employment agency that administers its unemployment insurance program.

• A)A few
• B)About half
• C)The majority
• D)All

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Definitions:

DSO

Days Sales Outstanding, a measure of the average number of days it takes a company to collect payment after a sale has been made.

Credit Department

A division within a financial institution or company responsible for assessing credit risk and approving credit to customers.

Aging Schedule

An aging schedule is a table that shows the breakdown of accounts receivable into categories by length of time outstanding, often used to assess the collectibility of receivables.

Inventory Turnover Ratio

A metric indicating how many times a company's inventory is sold and replaced over a given period.