A Decrease in Accounts Receivable Turnover Ratio Is Indicative Of

question 97

Multiple Choice

A decrease in accounts receivable turnover ratio is indicative of:

• A)an increase in sales revenue.
• B)slower selling inventory.
• C)an increase in accounts receivable.
• D)a decline in cost of good sold.

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Definitions:

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability, opposite to introversion.

Social Conversations

Informal talks between people which involve the exchange of ideas, feelings, and information in a social context.

Locus of Control

A psychological concept that refers to individuals' beliefs about the extent to which they can control events affecting them.

Gratification

The satisfaction or pleasure felt when a need or desire is fulfilled.