Which of the Following Statements Is FALSE

question 22

Multiple Choice

Which of the following statements is FALSE?

• A)The aging schedule is also sometimes augmented by analysis of the payments pattern,which provides information on the percentage of monthly sales that the firm collects in each month after the sale.
• B)Because accounts receivable days can be calculated from the firm's financial statement,outside investors commonly use this measure to evaluate a firm's credit management policy.
• C)If the aging schedule gets "top-heavy"-that is,if the percentages in the upper half of the schedule begin to increase-the firm will likely need to revisit its credit policy.
• D)Seasonal sales patterns may cause the number calculated for the accounts receivable days to change depending on when the calculation takes place.

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Definitions:

Eccrine Sweat Glands

Glands that produce sweat for thermoregulation via direct opening to the skin surface.

Stratified Squamous Epithelium

Stratified squamous epithelium is a type of tissue consisting of multiple layers of flat cells, providing protection against abrasion in areas such as the skin and mouth.

Epidermis

The outermost layer of the skin, serving as a protective barrier against environmental hazards and maintaining moisture.

Sweat Glands

Small tubular structures of the skin that produce sweat, a fluid secretion for regulating body temperature.