Which of the Following Statements Is FALSE

question 41

Multiple Choice

Which of the following statements is FALSE?

• A)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.
• B)Seasonal sales patterns may cause the number calculated for the accounts receivable days to change depending on when the calculation takes place.
• C)The ageing 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.
• D)If the ageing 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.

Estimate growth potential given operational capacity constraints.

Understand long-range financial planning and its timelines.

Understand what productivity means and how it is measured.

Recognize the importance of both efficiency and attractiveness in operations management within theme restaurants.

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Definitions:

Proposal

A formal suggestion or plan, typically detailed in a document, outlining a course of action or project.

Excise Tax

A tax imposed on specific goods, services, or transactions, often with the goal of discouraging their consumption or generating revenue.

Imposed

Placed or set upon as an obligatory requirement, often by authority.

Good

An item or product that is produced and consumed to satisfy human wants or needs.