The Account Receivable Period May Be Calculated as Accounts Receivable

question 93

True/False

The account receivable period may be calculated as accounts receivable divided by sales.

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Definitions:

Subconscious

The part of the mind that is not currently in focal awareness but influences thoughts and behaviors.

Defense Mechanism

Psychological strategies unconsciously used to protect oneself from anxiety and internal conflict.

Displacement

in psychological terms, is transferring feelings or actions from the original object of those emotions to another target.

Projection

Attributing one’s own thoughts, feelings, or motives to another person.