More Employers Today Are Also Taking Advantage of the Fact

question 12

Multiple Choice

More employers today are also taking advantage of the fact that training can strengthen employee

• A)absenteeism.
• B)turnover.
• C)quality.
• D)complacency.
• E)commitment.

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Definitions:

Collection Period

The average number of days it takes for a company to receive payment after a sale has been made, indicative of the efficiency of its credit and collection policies.

Accounts Receivable

Financial obligations of customers towards a business for delivered goods or services pending payment.

Projected Ending

An estimated conclusion or final figure, such as a financial balance, expected at the end of a defined period based on current trends or calculations.

External Funding Requirement

The need for additional capital from outside sources to finance a company’s operations or growth.