Many People Assume That If Child Workers in Developing Countries

question 140

Multiple Choice

Many people assume that if child workers in developing countries weren't working in factories, they would be in school. In fact, children in developing countries

• A) split their time evenly between work and school.
• B) usually have few good alternatives to work.
• C) are only allowed to work if they have attended school up to age 15.
• D) who work are relatively rare, as most do attend school full time.

---

Definitions:

Accounts Receivable Period

The accounts receivable period measures the average number of days it takes for a company to collect payments after a sale has been made, indicating the efficiency of its credit and collection policies.

Receivables Period

The mean duration required for a company to collect payments from its customers for products or services supplied on credit.

Credit Policy Decisions

Strategic determinations made by a business regarding who qualifies for credit, the terms of credit, credit limits, and how to collect on overdue accounts.

Controller

A senior financial officer responsible for managing the accounting operations of a company.