A General Rule to Use in Assessing the Average Collection

question 127

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 eventually pays his account.
• C)should not greatly exceed the discount period.
• D)should not greatly exceed the credit period.

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Definitions:

Multi-Factor Authentication

A security system that requires more than one method of authentication from independent categories of credentials to verify the user's identity.

Authorization

The process or act of granting specific rights or permissions to access and use resources, often within computers or networks.

Bridge

In networking, a device that connects and passes communication between two network segments.

Worms

Malicious software programs that replicate themselves in order to spread to other computers, often causing harm by consuming bandwidth or corrupting data.