High Average Collection Periods Usually Indicate ______

question 81

Multiple Choice

High average collection periods usually indicate ______.

• A) sales that are increasing
• B) accounts receivable that are all being collected
• C) many uncollected accounts receivable
• D) overly restrictive credit policies

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Definitions:

Farm Productivity

The measure of output (crop or livestock) produced per unit of input (such as land, labor, or capital) on a farm.

U.S. Farm Products

Agricultural goods produced in the United States, which include a wide range of food and raw materials.

Foreign Tariffs

Taxes imposed by a government on goods and services imported from other countries, often used to protect domestic industries.

Agricultural Commodities

Basic goods used in food production and obtained from farming activities, like grains, livestock, and dairy.