Examlex
Which control is not associated with new systems development activities?
Accounts Receivable Turnover
A financial metric that measures how efficiently a company collects revenue from its credit sales.
Average Collection Period
Refers to the average number of days it takes for a business to receive payments owed by its customers after a sale has been made on credit.
Inventory Turnover
A ratio that measures the number of times inventory is sold or used over a period, indicating the efficiency of inventory management.
Average Sale Period
This measure indicates the average duration it takes for a company to turn its inventory into sales.
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