A High Accounts Receivable Turnover Ratio Indicates

question 10

Multiple Choice

A high accounts receivable turnover ratio indicates

• A) Customers are making payments quickly
• B) A large portion of the company's sales are on credit
• C) Many customers are not paying their receivables in a timely manner
• D) The company's sales have increased

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Definitions:

Pressure to Conform

The influence or expectation to behave in ways that are consistent with group norms.

Cohesiveness

The quality of forming a united whole, especially in the context of group or team dynamics leading to better collaboration and performance.

Organizational Citizenship Behavior

Voluntary actions by employees that contribute to the betterment of the organization and are not part of their formal job responsibilities.

Loyalty

A strong feeling of support or allegiance to someone or something, often manifesting as dedication or faithfulness.