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The Days' Sales in Receivables Ratio Is Computed as Average

question 45

True/False

The days' sales in receivables ratio is computed as average net accounts receivable divided by 365 days.

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Definitions:

Workplace

An location where people engage in physical or intellectual tasks in order to earn a living; it can vary greatly in form, from office buildings to remote settings.

Scientific Management

A management theory that applies scientific methods to analyze and optimize workflows and efficiency in the workplace.

Frederick W. Taylor

An American mechanical engineer who sought to improve industrial efficiency and is considered the father of scientific management.

Workplace

The physical or virtual location where people perform their job duties.

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