A Business That Turns Over Its Receivables 5

question 105

Multiple Choice

A business that turns over its receivables 5.9 times a year would have an average collection period of about ________.

• A)30 days
• B)2/10, net 30
• C)71 days
• D)62 days

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Definitions:

Hostile Attribution Bias

The tendency to interpret others' behaviors as having hostile intent, even when the intention is ambiguous or benign.

Frustration-aggression Model

A psychological theory suggesting that frustration often leads to aggressive behavior.

Displaced Aggression

A psychological phenomenon where an individual directs their aggressive behavior towards a target other than the source of their frustration.

Affective Aggression

Aggressive behavior driven by negative emotions, such as anger or frustration.