Which of the Following Types of Variables Characterizes the Differences

question 16

Multiple Choice

Which of the following types of variables characterizes the differences between people in terms of lifestyles,personalities,and social class?

• A)geographic
• B)demographic
• C)psychographic
• D)behavioral

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Definitions:

Accounts Receivable Turnover

A financial metric that measures how efficiently a company collects revenue from its customers by comparing net credit sales to average accounts receivable.

Liquidity

A measure of how quickly and easily an asset can be converted into cash without significantly affecting its price.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers for sales made on credit.

Charge Customer

The process of recording or billing a customer for goods sold or services rendered, reflecting an obligation for payment.