The ____ Measures the Promptness with Which Customers Pay Their

question 132

Multiple Choice

The ____ measures the promptness with which customers pay their credit obligations.

• A)bad-debt loss ratio
• B)average collection period
• C)credit term
• D)cash discount

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Definitions:

Sickle-cell Anemia

A blood disorder that gets its name from the shape of the red blood cells in those who have it.

Blood Cells

Specialized cells that circulate in the bloodstream, including red blood cells, white blood cells, and platelets, each serving distinct functions in the body such as oxygen transport, immune defense, and blood clotting.

Down Syndrome

A genetic disorder caused by the presence of all or part of a third copy of chromosome 21, characterized by a distinctive facial appearance, intellectual disability, and developmental delays.

Tay-Sachs Disease

A rare, inherited disorder that destroys nerve cells in the brain and spinal cord, typically noticeable by around six months of age.