The Number of Times a Company Collects the Average Accounts

question 86

True/False

The number of times a company collects the average accounts receivable balance in a year is known as the accounts receivable turnover ratio.

---

Definitions:

Change Management

The process, tools, and techniques used to manage the people side of change to achieve a required business outcome.

Organizational Politics

The activities undertaken within an organization to acquire, develop, and use power and other resources to obtain one’s preferred outcomes in a situation involving uncertainty or disagreement.

Ingratiation

A psychological technique where an individual attempts to become more likable to their target, often through flattery or other forms of manipulation.

Impression Management

The process by which individuals attempt to control the perceptions others have of them, through the manipulation of information in social interactions.