Which of the Following Statements Is False

question 143

Multiple Choice

Which of the following statements is false?

• A) In addition to sales price,product quality,and advertising,credit policy is a major controllable variable which can affect product demand.
• B) Sharp seasonal swings in sales and fast growth are two reasons why a firm's aging schedule and DSO may show high variability.
• C) Changes in a firm's collection policy can affect sales and working capital but will not affect additional funds needed.
• D) Cash discounts can be used to influence a firm's sales volume and its DSO.
• E) Firms which offer credit terms with a cash discount usually seek two benefits: (1)to attract more customers,and (2)to reduce their DSO.

---

Definitions:

Iconic Memory

A type of sensory memory that holds a brief visual impression of a scene after the stimulus has been removed.

Auditory Sensory Memory

The short-term storage of auditory information, allowing sounds to be retained briefly for processing after the sound has finished.

Visual Sensory Memory

The component of the sensory memory system which stores visual information for a very brief period.

Registered Nurse

A licensed healthcare professional who provides patient care, including medication administration, patient education, and support for recovery and health maintenance.