Which of the Following Statements Is CORRECT

question 94

Multiple Choice

Which of the following statements is CORRECT?

• A)If a security analyst saw that a firm's days' sales outstanding (DSO) was higher than the industry average and was also increasing and trending still higher, this would be interpreted as a sign of strength.
• B)If a firm increases its sales while holding its accounts receivable constant, then, other things held constant, its days' sales outstanding (DSO) will increase.
• C)There is no relationship between the days' sales outstanding (DSO) and the average collection period (ACP).These ratios measure entirely different things.
• D)A reduction in accounts receivable would have no effect on the current ratio, but it would lead to an increase in the quick ratio.
• E)If a firm increases its sales while holding its accounts receivable constant, then, other things held constant, its days' sales outstanding will decline.

Identify the structure and purpose of advancement paths such as job paths within organizations.

Comprehend the purpose and process of assessment centers in employee evaluation.

Understand the role of mentoring in career development and its indication of management support.

Analyze the advantages and disadvantages of internal recruitment strategies and measures for retaining top talent through stages of career development.

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Definitions:

Itemized List

A list where each entry is separately listed and often numbered or bulleted.

Deposit Slip

A document accompanying a bank deposit, detailing the amount of cash and/or checks being deposited.

Electronic Funds Transfer System

A system that transfers money from one bank account directly to another without any paper money changing hands, often used for payroll, direct deposit, and bill pay services.

Stop Payment

A method by which the maker of a check may stop payment of a check(s) written.