Which of the Following Would Be Least Expected to Change

question 36

Multiple Choice

Which of the following would be least expected to change as a result of a higher average age of receivables?

• A) Current ratio
• B) Total collection costs
• C) Accounts payable
• D) Bad debt expense

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Definitions:

Productivity

A measure of the efficiency of production, often quantified as the amount of output per unit of input.

Information Phase

A stage in a process where data is collected, analyzed, and used to make decisions or resolve uncertainties.

Industrial Revolution

A period of significant industrial, technological, and social change starting in the late 18th century that profoundly transformed economies, societies, and cultures around the world.

Highly Developed Economies

Refer to countries with advanced technological infrastructure, high levels of income per capita, and diversified industry sectors.