ABC Has Net Sales on Account of $1,200,000

question 31

Multiple Choice

ABC has net sales on account of $1,200,000. The average net account receivables are $600,000. The days' sales in receivables is:

• A) 439.8 days.
• B) 304.0 days.
• C) 182.5 days.
• D) 8.7 days.

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Definitions:

Integrity Tests

Assessments used by employers to measure an individual's honesty, trustworthiness, and reliability, often used in the context of pre-employment screening.

Pencil and Paper

Traditional, manual method of writing, drawing, or calculating, often used for tests, sketches, or notes.

Civil Rights Act

A landmark piece of legislation in the United States that outlawed discrimination based on race, color, religion, sex, or national origin, primarily known for its impact on ending segregation in public places and banning employment discrimination.

Equal Employment Opportunity (EEO)

A principle that ensures individuals have equal opportunity for employment and advancement without discrimination based on characteristics like race, gender, age, or religion.