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.

---

Definitions:

Circulation

The movement of blood throughout the body, facilitated by the heart and blood vessels, which provides oxygen and nutrients to tissues.

Hemovac Drain

A closed wound drainage system used postoperatively to remove blood and fluids from a surgical site, promoting healing.

Drainage Tubing

Tubes used in medical settings to remove fluid or air from areas within the body, facilitating recovery.

Evacuator

A device or apparatus designed to remove fluids, gases, or other substances from a body cavity, wound, or other source, typically used in medical and dental procedures.