Examlex
The nurse is monitoring for the effectiveness of treatment for a client with left ventricular failure. Which of the following assessments is most important for the nurse to evaluate?
Average Collection Period (ACP)
A financial ratio that measures how long it takes to collect on credit sales. Also called days sales outstanding (DSO).
Credit Policy
A set of guidelines that a company follows to determine credit terms for customers, which encompass payment period, amount of credit, and the discount terms.
Cash Discount
A reduced price offered by a seller for goods or services if the buyer pays in cash, or within a specified time period, encouraging early payment.
Receivables
Money that is owed to a company by its customers for goods or services provided on credit, represented as assets on the balance sheet.
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