Which of the Following Is a Sign That a Company

question 131

Multiple Choice

Which of the following is a sign that a company can quickly turn its receivables into cash?

• A)A low receivables turnover ratio.
• B)A high receivables turnover ratio.
• C)A high average collection period.
• D)Both a low receivables turnover ratio and a high average collection period.

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Definitions:

Risk Management

The identification, assessment, and prioritization of risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unforeseen events.

Interactive Nurturing

A process of fostering growth or development in someone through engaging, supportive, and reciprocal interactions.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification and diagnostic tool for mental disorders used by healthcare professionals.

Substance Disorders

Refer to medical conditions characterized by the addictive use of substances such as drugs or alcohol, leading to significant impairment or distress.