Which of the Following Statements Is FALSE

question 22

Multiple Choice

Which of the following statements is FALSE?

• A)The aging schedule is also sometimes augmented by analysis of the payments pattern,which provides information on the percentage of monthly sales that the firm collects in each month after the sale.
• B)Because accounts receivable days can be calculated from the firm's financial statement,outside investors commonly use this measure to evaluate a firm's credit management policy.
• C)If the aging schedule gets "top-heavy"-that is,if the percentages in the upper half of the schedule begin to increase-the firm will likely need to revisit its credit policy.
• D)Seasonal sales patterns may cause the number calculated for the accounts receivable days to change depending on when the calculation takes place.

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Definitions:

Critical Period

A critical period is a specific time in development when the presence or absence of certain experiences has a long-lasting influence on the physical or emotional development of an individual.

Teratogens

Agents, such as chemicals or viruses, that can cause developmental malformations in embryos or fetuses.

Sensorimotor Stage

Piaget’s first stage of cognitive development, in which the infant uses its senses and motor abilities to interact with objects in the environment.

Piaget's

Piaget's refers to the developmental theory formulated by Jean Piaget, which outlines how children's cognitive abilities evolve through distinct stages as they grow.