Carla's Fashions Has an Average Collection Period of 30 Days

question 37

Multiple Choice

Carla's Fashions has an average collection period of 30 days.You could infer that Carla's Fashions:

• A)bills her customers monthly.
• B)bills her customers quarterly.
• C)has an accounts receivable turnover of approximately 12.
• D)Both A and C can be inferred.

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Definitions:

Self-Verification Strategies

Techniques individuals use to convince others to view them as they view themselves, in order to confirm their self-concept.

Reflexive Behavior

Behavior that an individual displays as a reaction to the behavior of others, often as part of a social interaction.

Social Identity

An individual's sense of who they are based on their group membership(s), such as social class, family, nationality, etc.

Behavior Expectations

The anticipated or desired ways of behaving in a particular context or environment, often communicated through norms, rules, or guidelines.