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:

Organizational Hierarchy

The arrangement of individuals within an organization in levels of importance or rank, often depicted in a pyramid structure.

Social Media

Digital platforms that enable users to create, share, and engage with content and participate in social networking.

Interpersonal Relationship

A connection between two or more people, based on social or emotional interactions, communication, and shared experiences.

Printed Message

Information or content that is conveyed through a medium that has been physically printed, such as a book or newspaper.