What Is the Primary Reason There Have Been Rapid Increases

question 76

Multiple Choice

What is the primary reason there have been rapid increases in the number of older adults internationally?​

• A) ​Because of the declining birth rate.
• B) ​Because of increased government funds available for pension programs.
• C) ​Because more adults must work until the age of 75 before being eligible for retirement.
• D) ​Because of improved health care standards.

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Definitions:

Disbursement Float

The time lag between when a payment is issued by a payer and when the funds are actually withdrawn from the payer's account.

Receivable Accounts

Balances of money due to a company for goods or services provided that have not yet been paid by customers.

Collection Time

The average period that a company takes to collect payments from its customers after a sale has been made, impacting cash flow and liquidity.

Processing Delay

The time lag between the initiation and completion of a process, often seen in transaction processing or manufacturing operations.