Groups That Are Small, Intimate, and Enduring Are Called

question 113

Multiple Choice

Groups that are small, intimate, and enduring are called:

• A) first groups
• B) primary groups
• C) organic groups
• D) emotional groups

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Definitions:

Accounts Receivable Turnover Ratio

A financial metric assessing how efficiently a company collects its receivables, calculated as net credit sales divided by average accounts receivable.

Accounts Receivable Turnover Ratio

A financial ratio indicating how efficiently a company collects on owed credit sales over a period.

Average Collection Period

This term refers to the average number of days it takes for a business to receive payments from its customers for invoices issued.

Accounts Receivable Turnover Ratio

A financial metric indicating how many times a company collects its average accounts receivable within a certain period.