An Unusually High Turnover of Accounts Receivable,which Implies a Very

question 61

Multiple Choice

An unusually high turnover of accounts receivable,which implies a very short days sales outstanding (DSO) ,could indicate that the firm

• A) Is very conservative (tough)in its credit policy.
• B) Has a very efficient credit and collection department.
• C) Offers unusually large discounts.
• D) All of the above.
• E) Only answers a and b above.

---

Definitions:

E-mail Etiquette

The set of rules and guidelines for composing and sending emails in a professional and courteous manner, aiming to improve communication and avoid misunderstandings.

Abbreviations

Shortened forms of words or phrases used to simplify communication, often by using the initial letters of words.

Business-Oriented

Focused or designed primarily to meet the needs of businesses, often in terms of products, services, or strategies.