If Your Firm's DSO or Aging Schedule Deteriorates from the First

question 103

True/False

If your firm's DSO or aging schedule deteriorates from the first quarter of the year to the second quarter, this is a clear indication that your firm's credit policy has weakened.

---

Definitions:

Intensive Care Units

Specialized hospital wards designed to provide comprehensive and continuous care for patients with severe or life-threatening conditions requiring close monitoring and support.

Legislative Decisions

Decisions made by a legislative body, such as a parliament or congress, that result in laws or amendments to existing laws.

National Council Licensure Examination

A nationwide examination for the licensing of nurses in the United States and Canada to ensure their competence to practice nursing.

Baccalaureate Degree

An undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to seven years (depending on institution and academic discipline).