Dr Kurt Krop, Leading Biochemist, Is to Address Other Scientists

question 20

Multiple Choice

Dr Kurt Krop, leading biochemist, is to address other scientists to support his drive to secure government funding for developing genetically engineered tomatoes. A very good tactic to get their backing is to:

• A) provide a detailed account of exactly how the funds will be used.
• B) give them a drink of some secretly genetically engineered tomato juice.
• C) hail GE foodstuffs as the solution for the future of the world population.
• D) deal with anti-GE arguments as well as pro-GE arguments.

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Definitions:

Days' Sales Uncollected

A financial metric that estimates the average number of days a company takes to collect revenue after a sale has been made.

Liquidity of Receivables

The ease with which accounts receivable can be converted into cash, reflecting the company's efficiency in managing credit sales.

Accounts Receivable

Financial obligations that clients have towards a company for goods or services delivered but still awaiting payment.

Bank Reconciliation

The process of comparing and adjusting an entity’s accounting records with the bank statements to ensure accuracy and consistency.