Which of These Tends to Create an Unexpected Increase in a Firm's

question 64

Multiple Choice

Which of these tends to create an unexpected increase in a firm's average collection period?

• A)Increased credit sales
• B)The implementation of a cash discount
• C)Increased customer delinquencies
• D)Increased dollar value per each sale
• E)Increased collection efforts

---

Definitions:

Unconscious

The part of the mind that contains thoughts, memories, and desires that are not accessible to conscious awareness.

Generativity

A term coined by Erik Erikson that refers to the concern for establishing and guiding the next generation.

Younger Generations

Refers to the population groups that are subsequent to the current oldest generation, highlighting generational shifts in values, behaviors, and cultural practices.

Technology Advancement

The progress and innovations in scientific, engineering, and technical knowledge that lead to new or improved technologies.