The Average Collection Period Measures

question 22

Multiple Choice

The average collection period measures

• A) the speed with which accounts payable are paid
• B) the speed with which accounts receivable are collected
• C) the safety of accounts receivable
• D) the safety of accounts payable

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Definitions:

Neurological Deficit

A functional abnormality or loss that occurs due to damage in the nervous system, affecting movements, sensation, or cognitive abilities.

Hearing Deficit

A reduction in the ability to hear sounds in one or both ears; can range from mild to profound hearing loss.

Balance Deficit

A lack of stability and coordination which can increase the risk of falls, often resulting from inner ear disorders, neurological conditions, or aging.

Vertigo

Sensation of dizziness or spinning.