All of the Following Are True of the Number of Days

question 186

Multiple Choice

All of the following are true of the number of days' sales uncollected ratio except:

• A) Can be used for comparisons to other companies in the same industry.
• B) Is most effective in evaluating the cash sales of a company.
• C) Can be used for comparisons between current and prior periods.
• D) Reflects the liquidity of receivables.
• E) Measures how much time is likely to pass before the current amount of accounts receivable is received in cash.

---

Definitions:

Industrial Unions

Labor organizations that represent all workers, skilled and unskilled, employed in a specific industry.

Particular Skills

Unique or specialized abilities that an individual possesses, making them proficient in specific tasks or professions.

Union Membership

Refers to the state of being a member of a labor union, which is an organization that represents the collective interests of workers in negotiations with employers over wages, working conditions, and benefits.

Right-to-Work Laws

Legislation that secures the right of employees to decide whether or not to join or support a union.