Which of the Following Statements Is False

question 143

Multiple Choice

Which of the following statements is false?

• A) In addition to sales price,product quality,and advertising,credit policy is a major controllable variable which can affect product demand.
• B) Sharp seasonal swings in sales and fast growth are two reasons why a firm's aging schedule and DSO may show high variability.
• C) Changes in a firm's collection policy can affect sales and working capital but will not affect additional funds needed.
• D) Cash discounts can be used to influence a firm's sales volume and its DSO.
• E) Firms which offer credit terms with a cash discount usually seek two benefits: (1)to attract more customers,and (2)to reduce their DSO.

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Definitions:

Prevalence

The proportion of a population found to be affected by a particular disease or condition at a specific time.

Mortality Rates

A measure of the number of deaths in a particular population, scaled to the size of that population, typically expressed as deaths per thousand or million.

Psychiatric Disorders

Mental health conditions characterized by alterations in thinking, mood, or behavior associated with distress or impaired functioning.

Binge/Purge Type

Refers to a pattern of disordered eating characterized by episodes of excessive food intake followed by compensatory behaviors like vomiting or excessive exercise.