Days' Sales in Receivables Is Also Called

question 34

Multiple Choice

Days' sales in receivables is also called:

• A)days' sales outstanding
• B)collection period
• C)accounts receivable turnover
• D)A and B

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Definitions:

Survival Statutes

Laws that allow certain causes of action to continue to be effective or enforceable even after the death of a person involved in the action or the entity to which the statute pertains.

Loss Of Support

The absence or reduction of financial or emotional support that was previously provided by an individual, often due to death or incapacitation.

Criminal Law

Criminal Law is the body of law that relates to crime, outlining offenses, prescribing punishments, and regulating the prosecution of individuals accused of committing crimes.

Tort Law

A body of law that addresses, remedies, and provides relief for civil wrongs not arising out of contractual obligations.