An Indication of How Many Days' Sales Remain in Accounts

question 53

Multiple Choice

An indication of how many days' sales remain in Accounts Receivable awaiting collection is the:

• A)current ratio.
• B)quick ratio.
• C)days' sales in receivables.
• D)accounts receivable turnover.

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Definitions:

Alzheimer's Disease

A degenerative brain disorder characterized by memory loss, cognitive decline, and personality changes.

Anterograde Amnesia

The loss of the ability to create new memories after the event that caused the amnesia.

Retrograde Amnesia

A form of amnesia where an individual loses pre-existing memories to some extent, typically ignoring events leading up to a trauma or onset of the amnesia.

Alzheimer's Disease

A progressive neurological disorder that causes memory loss, cognitive decline, and ultimately, loss of the ability to carry out the simplest tasks.