A Very Low Accounts Receivable Turnover Would Most Likely Indicate

question 60

Multiple Choice

A very low accounts receivable turnover would most likely indicate that:

• A)the company is unsuccessful in its efforts to collect cash from customers.
• B)the company is successful in its efforts to collect cash from customers.
• C)policies for extending credit to customers are too tight.
• D)none of the above are true.

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Definitions:

Avoid

To keep oneself from doing, receiving, or engaging in something, often as a means of preventing harm or inconvenience.

Stress

A physical or psychological response to demands or pressures.

Hold Fetishes Sacred

The practice of considering certain objects with religious or mystical reverence, especially within cultural or spiritual contexts.

Carve

To cut into a material with the aim of shaping it into something.