All of the Following Are True of the Number of Days

question 129

Multiple Choice

All of the following are true of the number of days' sales uncollected ratio except:

• A)Is most effective in evaluating the cash sales of a company.
• B)Can be used for comparisons to other companies in the same industry.
• C)Can be used for comparisons between current and prior periods.
• D)Reflects the liquidity of receivables.
• E)Measures how much time is likely to pass before the current amount of accounts receivable is received in cash.

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Definitions:

Intranets

Private networks designed to allow members of an organization to securely share information and computing resources.

Dominant Media

Dominant Media refers to the main or most influential forms of media, such as television, newspapers, and radio, that have significant reach and impact on public opinion.

Credit Card Payment

A method of payment for goods and services using a credit card issued by a financial institution, allowing for immediate purchase with deferred payment.

B2C Transactions

Transactions that occur between businesses and individual consumers, typically involving the sale of goods or services to the public.