An Increasing Average Receivables Collection Period Indicates

question 11

Multiple Choice

An increasing average receivables collection period indicates

• A) the firm is generating more income.
• B) accounts receivable are going down.
• C) the company is becoming more efficient in its collection policy.
• D) the company is becoming less efficient in its collection policy.

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Definitions:

Union Contracts

Agreements negotiated between employers and labor unions that outline wages, working conditions, and other employment terms for the workers represented by the unions.

Human Resource Planning

Strategic alignment of an organization's human resources with its business goals, including workforce planning, recruiting, and training.

Competencies

A set of defined skills, knowledge, abilities, and attributes that are necessary for successful performance in a job or role.

Hrm Programs

Human Resource Management initiatives designed to maximize employee performance in service of an organization's strategic objectives.