Inventory Is More Liquid Than Accounts Receivable Because Receivables Must

question 95

True/False

Inventory is more liquid than accounts receivable because receivables must be collected and some customers may not be willing to pay,while inventory need only be sold in a retail store.

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Local Situation

The specific conditions and characteristics of a particular place or area, often considering social, economic, or environmental aspects.

Technological Developments

Advances in technology that lead to new products, processes, or improvements in existing products or operations.

Market Trends

The general direction in which the market moves, influenced by factors like consumer behavior, technological advancements, and economic conditions.

Organisational Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution or organization.