The Ratio That Indicates How Many Days It Takes to Turn

question 85

Multiple Choice

The ratio that indicates how many days it takes to turn accounts receivable into cash is the:

• A) accounts receivable turnover ratio.
• B) average turnover ratio.
• C) average collection period.
• D) quick assets turnover ratio.

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Definitions:

Pavlov

A Russian physiologist known for his work in classical conditioning, demonstrating how stimuli can trigger conditioned responses.

Skinner Box

An experimental apparatus developed by B.F. Skinner for studying behavioral conditioning in animals, typically involving rewards and/or punishments.

Rubik's Cube

A 3D combination puzzle invented by Ernő Rubik in 1974, consisting of a cube with each of its six faces covered by nine stickers, each of one of six solid colors.

Law of Effect

A principle stating that behaviors followed by satisfying consequences are more likely to be repeated, while those followed by unsatisfying consequences are less likely to be repeated.