What Is a Possible Reason for Accounts Receivable Turnover to Increase

question 164

Multiple Choice

What is a possible reason for accounts receivable turnover to increase from one year to the next year

• A) Decreased credit sales during a recession.
• B) Write-off uncollectible receivables.
• C) Granting credit to customers with lower credit quality.
• D) Improved collection process.

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Definitions:

Memory Consolidation

The method through which short-term memories convert into long-term memories, thereby becoming more permanent and resilient.

Implicit Memory

The type of memory involved in performing tasks without conscious awareness of the previously learned behaviors and skills.

Context-Dependent Memory

The theory that information learned in a particular situation or place is better recalled when the context at the time of memory retrieval matches the original learning environment.

Memory Consolidation

The process by which short-term memories are transformed into long-term memories.