An Increase in Which One of the Following Is Most

question 35

Multiple Choice

An increase in which one of the following is most apt to be an indicator of a trade receivables policy that is too restrictive?

• A)Bad debts
• B)Trade receivables turnover rate
• C)Trade receivables period
• D)Credit sales
• E)Operating cycle

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Definitions:

Indictment

A formal charge or accusation of a serious crime, brought by a grand jury after evaluating evidence presented by a prosecutor.

Due Process

A constitutional guarantee that all legal proceedings will be fair and that one will be given notice of the proceedings and an opportunity to be heard.

U.S. Constitution

The supreme law of the United States, embodying fundamental principles and establishing the national government's structure, functions, and powers.

Administrative Law

A branch of public law that governs the activities of administrative agencies of government, including rulemaking, adjudication, or the enforcement of a specific regulatory agenda.