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Which of the following is an example of a behavior-oriented contract?
Accounts Receivable Turnover
A measure of how efficiently a company collects credit sales, calculated by dividing net credit sales by the average accounts receivable.
Sales
The total revenue a company generates from selling goods or services over a specific period.
Accounts Receivable
Outstanding payments from customers to a company for delivered goods or services awaiting settlement.
Days Inventory Held
The average number of days a company holds its inventory before selling it, reflecting inventory management efficiency.
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