A Company's Number of Days to Collect Is Higher Than

question 83

Multiple Choice

A company's number of days to collect is higher than the length of credit period.Analysts might conclude:

• A) customers are dissatisfied with the product or service they bought.
• B) the company is effectively managing its receivables.
• C) the company's payment terms have been relaxed and customers are taking advantage of those new terms.
• D) the company's payment terms have been tightened and customers are paying within the payment period granted.

---

Definitions:

Behavioral-Evolutionary

An approach in psychology that combines principles of behavioral analysis and evolutionary biology to understand how behavior is influenced by genetic and environmental factors.

Predisposition

A natural inclination or tendency to develop a particular condition or disease.

Environmental

Environmental pertains to anything related to the natural or built surroundings that affect organisms.

Preparedness

A predisposition to develop certain fears.