If Trade Receivables Are Collected Quickly,it May Indicate Which of the Following

question 77

Multiple Choice

If trade receivables are collected quickly,it may indicate which of the following?

• A)The trade receivables turnover is low.
• B)The company's credit policies may be overly stringent.
• C)Credit is often granted to poor credit risks.
• D)The company is becoming more profitable.

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Definitions:

Evidence

Information, facts, or data presented in support of an assertion, argument, or as proof of the truth of a statement.

Connotative Words

Words that carry beyond their literal meaning, evoking emotions, associations, or ideas in the reader's mind.

Transition

The process or period of changing from one state or condition to another in various contexts, such as career, life stages, or technology.

Topic Sentence

A sentence that expresses the main idea of the paragraph in which it occurs, serving as a summary for its content.