Which One of the Following Statements Is Correct Concerning the Length

question 25

Multiple Choice

Which one of the following statements is correct concerning the length of the credit period?

• A) Credit periods are relatively constant across industries.
• B) A seller's credit period is not affected by the buyer's inventory cycle.
• C) The buyer's operating cycle affects the length of a seller's credit period.
• D) A seller's credit period should be longer than the buyer's operating cycle.
• E) A seller's credit period should approximate the length of the buyer's receivables period.

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Definitions:

Looking-Glass Self

The self derived from seeing ourselves as others see us.

Psychodynamic Self

A concept in psychology that encompasses the dynamic, internal processes, motivations, and conflicts within the individual as influenced by unconscious factors.

Self-Affirmation

is the practice of reminding oneself of personal values and strengths in order to maintain a positive self-image and cope with threats to one's self-concept.

Achievement Motivation

The drive or desire for success and accomplishment, often pushing individuals to attain higher levels of performance.