Examlex
Which of the following is not a characteristic of a profession?
Days' Sales Uncollected
A financial metric that estimates the average number of days a company takes to collect revenue after a sale has been made.
Liquidity of Receivables
The ease with which accounts receivable can be converted into cash, reflecting the company's efficiency in managing credit sales.
Accounts Receivable
Financial obligations that clients have towards a company for goods or services delivered but still awaiting payment.
Bank Reconciliation
The process of comparing and adjusting an entity’s accounting records with the bank statements to ensure accuracy and consistency.
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