The Account Receivable Turnover Measures

question 12

Multiple Choice

The account receivable turnover measures:

• A)How long it takes to sell accounts receivable to a factor.
• B)How often,on average,receivables are received and collected during the period.
• C)The relation of cash sales to credit sales.
• D)How long it takes to sell merchandise inventory.
• E)All of the options are correct.

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Definitions:

Globalization

The method through which companies or various entities gain global influence or begin to function on a worldwide level.

Centralized Arbitration System

A system where arbitration, a form of alternative dispute resolution, is managed and conducted from a central point, typically for efficiency and consistency.

Federal

Pertaining to the national level of government, as opposed to state or local levels, often involved in regulating labor laws and workers' rights across the whole country.

Unionism

The practice or advocacy of organizing and joining labor unions to protect and enhance workers' rights and working conditions.