Which of the Following Statements Is Most Accurate

question 39

Multiple Choice

Which of the following statements is most accurate?

• A) outsourcing is shrinking; international trade is shrinking
• B) outsourcing is shrinking; international trade is growing
• C) outsourcing is growing; international trade is shrinking
• D) outsourcing is growing; international trade is growing
• E) outsourcing is holding steady, but international trade always shrinks when outsourcing grows

---

Definitions:

Credit Terms

The conditions, including payment deadlines and interest rates, under which credit is extended to a borrower.

Aging Schedules

Timetables in accounting that categorize a company's accounts receivable according to the length of time an invoice has been outstanding.

Overdue Accounts

Financial accounts or receivables that have not been paid by the due date.

Receivables

Amounts owed to a company by its customers for goods or services provided on credit.