Which of the Following Statements Is True

question 7

Multiple Choice

Which of the following statements is true?

• A)The receivables turnover ratio indicates the average number of times the company completes the selling and collecting cycle during the year.
• B)The days-to-collect measure is 365 divided by the receivables turnover ratio.
• C)The receivables turnover ratio and days-to-collect measure move in opposite directions.
• D)All of the above.

---

Definitions:

Demonstrated Conformity

A behavior change designed to match the actions of others, typically influenced by the perceived need for acceptance.

Group Unanimity

A situation where members of a group completely agree on a decision or opinion, often influencing the behavior and thoughts of its individuals.

Task Difficulty

Refers to the level of challenge presented by a task, with the degree of difficulty affecting how an individual or group performs.

Informational Influence

The change in beliefs or behavior that occurs when an individual accepts information from others as evidence about reality.