A General Rule to Use in Assessing the Average Collection

question 59

Multiple Choice

A general rule to use in assessing the average collection period is that it

• A) should not exceed 30 days.
• B) can be any length as long as the customer continues to buy merchandise.
• C) should not greatly exceed the return period.
• D) should not greatly exceed the credit term period.

---

Definitions:

Phospholipid Bilayer

A fundamental structure in all cell membranes, consisting of two layers of phospholipids, which provides a barrier that marks the boundaries of a cell.

Selectively Permeable

A property of cell membranes that allows certain molecules or ions to pass through it by means of active or passive transport, while blocking others.

Transmembrane Proteins

Proteins that span across the cell membrane, facilitating various functions such as transport and signaling.

Cytosol

The liquid component of the cytoplasm, in which organelles, proteins, and other cell structures are suspended, facilitating intracellular transport and biochemical reactions.