A Report Showing How Long Accounts Receivable Have Been Outstanding

question 57

Multiple Choice

A report showing how long accounts receivable have been outstanding is called what?

• A)Time line.
• B)Preauthorized debit system.
• C)Aging schedule.
• D)Cash discount.
• E)Credit period.

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Definitions:

Managerial Innovation

The adoption of novel ways to organize and manage corporate resources, often leading to more effective administration and operations.

Managerial Innovations

New or improved managerial strategies, methods, or practices that aim to enhance organizational performance.

Creative Deviance

The act of producing novel and useful ideas or solutions that diverge from the norms or expectations of a group or organization.

Technical Understanding

The comprehension and proficiency in the use of technology and technical processes.