Which Statement Is Not Correct

question 63

Multiple Choice

Which statement is not correct?

• A)A business will prefer a shorter settlement time for its accounts receivable rather than a longer settlement period.
• B)An asset turnover figure of 1.5 times is preferred to a figure of 1.2 times.
• C)A business will prefer a longer average inventory turnover time rather than a shorter turnover time.
• D)None of the statements, i.e., all are correct.

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Definitions:

Ages

Various stages or periods in human life characterized by distinct physical, psychological, or developmental features.

Older Adults

Individuals in the later stage of life, often considered to be those aged 65 and older.

Aerobic

Refers to processes or activities requiring the presence of oxygen, often related to exercise that improves the efficiency of the body's cardiovascular system in absorbing and transporting oxygen.

Heart Rate

The number of heartbeats per unit of time, usually per minute.