The Financial Manager Typically Cannot Control the Level of Credit

question 53

True/False

The financial manager typically cannot control the level of credit sales,and hence the company's investment in accounts receivable,as the level of credit sales is determined in large part by the nature of the business enterprise.

---

Definitions:

Bloodstream

The flowing body fluid that carries oxygen, nutrients, and waste products to and away from cells within an organism, primarily consisting of plasma, red and white blood cells, and platelets.

Accelerate Heartbeat

The increase in the speed of the heart rate.

Endocrine Gland

A gland that secretes hormones directly into the bloodstream to regulate the body's growth, metabolism, and development.

Body Growth

The increase in physical size, strength, and complexity of an organism over time.