The Statement,"collection of Accounts Receivable Lags Behind Sales," Means That

question 93

Multiple Choice

The statement,"collection of accounts receivable lags behind sales," means that:

• A)the collection of funds in the accounts receivable is always late.
• B)customers always are late in paying their bills.
• C)the customers who purchased goods on credit may not pay until a month or more later.
• D)None of the above

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Definitions:

Inactive RNA Polymerase

An RNA polymerase enzyme in a resting state that is not involved in the transcription of DNA into RNA.

Negative Control

An experiment or part of an experiment where no response is expected, serving to highlight the effect of the experimental treatment.

Repressible Genes

Genes whose expression can be decreased or turned off by the presence of a specific molecule.

Transcription

The process by which genetic information encoded in DNA is copied into messenger RNA (mRNA) for protein synthesis.