Which of the Following Measures the Number of Days That

question 56

Multiple Choice

Which of the following measures the number of days that the firm holds accounts payable before it has to extend cash to buy raw materials?

• A)Accounts receivable turnover
• B)Average collection period
• C)Average payment period
• D)Accounts payable turnover

---

Definitions:

Chest Pain

A symptom that can be caused by a variety of conditions, ranging from non-serious issues like indigestion to life-threatening ones like heart attacks.

Axillary Veins

The blood vessels that transport venous blood from the lateral aspect of the thorax, armpit, and upper limb towards the heart.

Armpits

The areas beneath the shoulders where the arms connect to the body, known for containing sweat glands and being sensitive to heat.