Concerning Stimulus Drives, Which of the Following Statements Is/are TRUE

question 194

Multiple Choice

Concerning stimulus drives, which of the following statements is/are TRUE?

• A)Both humans and animals exhibit stimulus drives.
• B)Stimulus drives explain our need for new forms of entertainment.
• C)Stimulus drives help us survive by identifying sources of food and danger.
• D)All of these are true.

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Definitions:

Collection Delay

The period between when a bill is issued or an invoice is sent and when the payment is actually received.

Average Amount

This term refers to the mean value or central tendency of a set of numerical values, calculated as the sum of the values divided by the number of values.

Lockbox Services

Banking services that process incoming checks by collecting and depositing them directly into the recipient's bank account, speeding up the collection process.

Collection Time

The average period it takes for a business to receive payments owed by its customers, reflecting on the efficiency of its credit policies and cash management.