If Your Accounts Receivable Period Is 30 Days,you Will Collect

question 83

Multiple Choice

If your accounts receivable period is 30 days,you will collect payment for your ________ sales during the second quarter of a calendar year.

• A)December,January,and February
• B)January,February,and March
• C)February and March
• D)February,March,and April
• E)March,April and May

---

Definitions:

Group Norm

Shared standards, rules, or expectations that influence behavior within a group of people.

Object of Judgement

The entity or individual that is being evaluated or assessed in a particular situation.

Autokinetic Experiment

A psychological experiment where a stationary point of light in a dark room appears to move because of small eye movements, illustrating the effect of suggestion or social influence on beliefs.

Frame of Reference

A system of values or beliefs against which judgments are made or a context through which a situation can be viewed.