Which One of the Following Actions Will Tend to Increase

question 63

Multiple Choice

Which one of the following actions will tend to increase the accounts receivable period? Assume the accounts receivable period is currently 34 days.

• A)tightening the standards for granting credit to customers
• B)refusing to grant additional credit to any customer who pays late
• C)increasing the finance charges applied to all customer balances outstanding over thirty days
• D)granting discounts for cash sales
• E)eliminating the discount for early payment by credit customers

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Definitions:

Health Literacy

The degree to which individuals have the capacity to obtain, process, and understand basic health information and services needed to make appropriate health decisions.

Learning Needs

The requirements and considerations necessary to facilitate effective learning, often based on an individual's unique preferences, strengths, and weaknesses.

Affective Domain

Pertaining to emotions or feelings; in education, it relates to learning objectives focusing on changes in interest, attitudes, and values.

Healthy Eating

Consuming a variety of foods that give you the nutrients you need to maintain your health, feel good, and have energy.