Which of the Following Statements Is/are True Regarding the Receivables

question 105

Multiple Choice

Which of the following statements is/are true regarding the receivables turnover ratio?

• A) It is used to assess receivables' liquidity.
• B) It measures the number of times, on average, that receivables are collected during the period.
• C) It is calculated by dividing average sales by gross receivables outstanding during the year.
• D) Both A and B are correct.

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Definitions:

Electroreceptors

Sensory organs in some aquatic animals that detect electric fields.

Nociceptors

Sensory receptors present chiefly in the skin and viscera that detect harmful stimuli, signaling potential damage to the nervous system.

Electromagnetic Receptors

Sensory receptors in some animals that detect electromagnetic fields, aiding in navigation and prey location.

Sensilla

refers to sensory organs or structures in arthropods, such as insects, that detect changes in the external environment.