A Low Accounts Receivable Turnover Ratio Could Indicate That

question 12

Multiple Choice

A low accounts receivable turnover ratio could indicate that:

• A) few customers are defaulting on their debts.
• B) the company is making collections from its customers very quickly..
• C) the company is making collections from its customers very slowly.
• D) a small proportion of the company's sales are credit sales.

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Definitions:

Classical Conditioning

The method of learning by forming associations between a stimulus found in the environment and one that occurs intrinsically.

Law of Effect

A psychological principle stating that behaviors followed by positive outcomes are likely to be repeated, while those followed by negative outcomes are not.

Thorndike

Refers to Edward L. Thorndike, an American psychologist famous for his work on learning theory that led to the development of operant conditioning within behaviorism.

Reinforcement Strategies

Techniques used to encourage desired behaviors or discourage unwanted ones by providing consequences or rewards.