If Receivables Are Growing Faster Than Sales, It May Be

question 53

Multiple Choice

If receivables are growing faster than sales, it may be an indication that the company is _________.

• A)accomplishing sales growth by taking on increased credit risk
• B)accomplishing sales growth by taking steps to reduce credit risk
• C)slowing down sales growth by taking on increased credit risk
• D)slowing down sales growth by taking steps to reduce credit risk

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Definitions:

Lean Production

A manufacturing methodology aiming at minimizing waste and maximizing efficiency by using less of everything compared to mass production.

Community Flexibility

The ability of a community to adapt to changes, challenges, or opportunities in its environment.

Employment Flexibility

The adaptability of employment terms and conditions to meet both the employer's and employees' needs, including work hours, job duties, and location of work.

Pay Flexibility

The ability of employers to adjust wages based on market conditions, performance, or other factors.