If Accounts Receivable Turnover Is Faster, This Means That Fewer

question 181

True/False

If accounts receivable turnover is faster, this means that fewer days are required to collect receivables.

---

Definitions:

Compa-ratio

A metric comparing an individual's salary to the midpoint of the market rate for similar positions.

Pay Dispersion

The extent to which salaries vary within a company or organization, often measured by the difference between the highest and lowest paid positions.

Pay Range

The scale of minimum to maximum amounts of compensation that an organization is willing to pay for a specific job or level of responsibility.

Dispersion

The spread or variability of data points, outcomes, or values from a central value such as the mean or median, used to measure diverse or distributed characteristics.