Which of the Following Statements Is Not True

question 6

Multiple Choice

Which of the following statements is not true?

• A) An aging schedule shows only overdue accounts.
• B) An aging schedule shows the probability that a 67-day account will be unpaid when it is a 68-day account.
• C) Average collection period data is somewhat flawed if sales are seasonal.
• D) Collection efforts may involve legal action.
• E) Investments in accounts receivable equal average daily sales times average collection period.

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Definitions:

Closing Thought

The final idea or statement in a piece of writing, designed to leave a lasting impression on the reader.

Deductive Sequence

A logical progression where conclusions are drawn based on general principles or premises leading to specific results.

Indirect Sequence

A communication strategy that presents supporting details and evidence before revealing the main idea or conclusion.

Neutral-News Messages

Communications that are intended to inform without showing bias or eliciting strong emotional reactions.