A Firm That Has an Average Age of Accounts Receivable

question 19

Multiple Choice

A firm that has an average age of accounts receivable that is significantly lower than the industry average:

• A)may have higher credit standards and offer credit to only the most highly qualified customers.
• B)may have credit terms that allow fewer days to pay before beginning to charge interest.
• C)may offer a larger discount than the industry average to encourage customers to pay early.
• D)All of the above.

---

Definitions:

Left Lower Quadrant

A section of the abdomen divided into quadrants for anatomical reference, located on the left side below the umbilicus.

Liver

A vital organ located in the upper-right side of the abdomen, involved in numerous functions including detoxification, protein synthesis, and digestion.

Borborygmi

The rumbling or gurgling noises made by the movement of fluid and gas in the intestines, often associated with hunger or digestive activity.

Gurgling Bowel Sounds

Sounds made by the movement of the intestines, often heard during physical examination, indicating various conditions of gut health.