What Is a Possible Reason for Accounts Receivable Turnover to Increase

question 164

Multiple Choice

What is a possible reason for accounts receivable turnover to increase from one year to the next year

• A) Decreased credit sales during a recession.
• B) Write-off uncollectible receivables.
• C) Granting credit to customers with lower credit quality.
• D) Improved collection process.

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Definitions:

Preexisting Expectations

Assumptions or beliefs that one has before encountering new information or experiences.

Internal Attributions

The tendency to explain one's behavior or the behavior of others based on internal, personal characteristics rather than external situations.

Behavior

The actions, reactions, or conduct of an individual, often studied in psychology to understand individuals and groups.

Personal Characteristics

Attributes or traits that define an individual's unique personal identity, including behavioral patterns, emotional responses, and cognitive processes.