Which of the Following Factors Are Used to Compute the Number

question 29

Multiple Choice

Which of the following factors are used to compute the number of days' sales in accounts receivable?

• A) Inventory turnover and 365 days
• B) Net sales and average inventory
• C) Accounts receivable turnover and 365 days
• D) Average accounts receivable and cost of goods sold

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Definitions:

Policymakers

Individuals or groups responsible for making decisions and crafting regulations or laws in various sectors, including government, organizations, or institutions.

Quirky Decisions

Unconventional or unexpected choices made by individuals or organizations that do not always align with mainstream expectations.

Behavioral Economics

A branch of economics that studies how psychological, cognitive, emotional, cultural, and social factors affect economic decisions.

Nudging

Nudging involves subtly guiding choices or behaviors without restricting options, often used in policy and marketing to influence decision-making.