Which of the Following Is an Advantage Associated with an In-House

question 49

Multiple Choice

Which of the following is an advantage associated with an in-house advertising agency?

• A)Lower advertising costs
• B)More highly skilled specialists
• C)More varied perspective on advertising problems
• D)Greater flexibility
• E)Disseminate control to outside agencies.

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Definitions:

Accounts Receivable Turnover

A financial ratio that measures how many times a company collects its average accounts receivable within a given period.

Net Accounts Receivable

The amount of money owed by customers for goods or services that is expected to be collectible, after accounting for allowances for doubtful accounts.

Net Cash Sales

The amount of cash generated from sales transactions, after deducting returns, allowances, and discounts.

Accounts Receivable Turnover

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