Days' Sales in Receivables Is Also Called

question 34

Multiple Choice

Days' sales in receivables is also called:

• A)days' sales outstanding
• B)collection period
• C)accounts receivable turnover
• D)A and B

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Definitions:

Productivity

The measure of the efficiency of production, often evaluated as the ratio of outputs to inputs in a manufacturing or service process.

Double-Declining-Balance

An accelerated method of depreciation calculating depreciation at twice the rate of the straight-line depreciation method.

Salvage Value

The assessed worth of an asset at the expiration of its life of usefulness.

Depreciation Expense

The organized spreading of a tangible asset's expense over the duration of its utility.