Accounts Receivable Turnover Is Useful in Assessing the Profitability of Receivables

question 130

True/False

Accounts receivable turnover is useful in assessing the profitability of receivables.

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Definitions:

Presence Technology

A type of software or system that allows people to locate and identify a computing device user's current status and location, often used in instant messaging applications.

Cloud Computing

The delivery of computing services—such as servers, storage, databases, networking, software—over the internet ("the cloud") to offer faster innovation, flexible resources, and economies of scale.

Videoconferencing

A technology-based meeting format that allows participants to see and hear each other through video and audio connections, often used for remote communication.

Strategic Use

Employing something in a carefully planned way to achieve a specific goal or outcome.