Days' Sales in Receivables Is Also Called the Collection Period

question 41

True/False

Days' sales in receivables is also called the collection period.

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Definitions:

Target Response

In behaviorism, it refers to a desired behavior or outcome that is sought in a conditioning process.

Negative Reinforcer

A stimulus that, when removed after a behavior, increases the likelihood of that behavior being repeated in the future.

Primary Reinforcer

Any reinforcer that is naturally reinforcing by meeting a basic biological need, such as hunger, thirst, or touch.

Fixed-Ratio Schedule

A fixed-ratio schedule is a type of operant conditioning reinforcement schedule where a response is reinforced only after a specified number of responses.