Which One of the Following Time Periods Is Included in the Accounts

question 13

Multiple Choice

Which one of the following time periods is included in the accounts receivable period but not in the cash collection period?

• A)the period of time between the receipt of a check and the availability of those funds
• B)time it takes a firm to process incoming receipts
• C)period of time a check is in the mail
• D)the amount of time that it takes a bank to credit a firm's account for a deposit made
• E)period of time it takes an invoice to reach a customer by mail