Identify the Life Table That Can Be Constructed by Following

question 21

Multiple Choice

Identify the life table that can be constructed by following a cohort of people that were born during a particular year over a long period of time and recording all deaths until the last one dies.

• A)Longevity life table
• B)Expectancy life table
• C)Morbidity life table
• D)Survival life table
• E)Generation life table

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Definitions:

Days' Sales In Receivables

A financial ratio that measures the average number of days it takes a company to collect payment after making a sale.

Sales On Account

Transactions where the buyer purchases goods or services on credit, with an agreement to pay at a later date.

Accounts Receivable

Funds that clients or customers are yet to pay to a company for products or services that have already been provided or utilized.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity.