Lengthening the Credit Period Is Likely to Result in All

question 4

Multiple Choice

Lengthening the credit period is likely to result in all of the following except:

• A)higher credit sales.
• B)more cash sales.
• C)larger investment in receivables.
• D)longer average collection period.

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Definitions:

Genes

Units of hereditary information encoded in DNA sequences that are responsible for the genetic traits passed from parents to offspring.

Major Depressive Disorder

A mental health condition characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in daily activities for at least two weeks.

Fraternal Twin

Siblings born at the same time as a result of two different eggs being fertilized by two different sperm, sharing about 50% of their DNA, similar to non-twin siblings.

Substance Abuse

The damaging or threatening employment of substances that alter the psyche, including but not limited to alcohol and prohibited drugs.