Examlex
Which of the following is not true of instincts?
Days' Sales Uncollected
A financial ratio that shows the average number of days it takes for a company to collect payment after a sale has been made.
Accounts Receivable
Receivables from clients for goods or services a company has provided but has not yet received payment for.
Managing Collections
The process of overseeing and ensuring the timely collection of accounts receivable to maintain a company's cash flow.
Petty Cash Fund
A little sum of money maintained readily available for covering small costs instantly.
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