The Days' Sales in Receivables Indicates the Number of Days

question 45

True/False

The days' sales in receivables indicates the number of days it takes to collect the average level of accounts receivable.

---

Definitions:

Elaboration

The process of adding more detail, explanation, or information.

Short-term Memory

A cognitive system with a limited capacity that is capable of temporarily holding information available for processing.

Memory-span Task

A memory-span task is a cognitive test used to measure the number of items, typically words or numbers, that an individual can hold and recall in short-term memory.

Organization

An entity comprising multiple people, such as a company or society, structured to achieve a particular aim or set of goals.