Match Each Description to the Appropriate Term A-I)

question 33

Multiple Choice

Match each description to the appropriate term a-i) .
-Measures how frequently during the year accounts receivables are being turned into cash

• A)Accounts receivable turnover
• B)Net realizable value
• C)Accounts receivable
• D)Aging report
• E)Receivables
• F)Direct write-off method
• G)Allowance for doubtful accounts
• H)Bad debt expense
• I)Factoring

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Definitions:

Management Process

The systematic approach involving planning, organizing, leading, and controlling to achieve organizational goals.

Leading

Involves influencing and motivating team members to accomplish organizational objectives.

Planning

The process of setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities.

Analytical Competency

The ability to evaluate and analyze information to make actual decisions and solve real problems.