For Accounts Receivable,the Longer an Account Is Outstanding,the

question 157

Multiple Choice

For accounts receivable,the longer an account is outstanding,the:

• A)Better the customer.
• B)More likely it will prove uncollectible.
• C)More likely the customer will return.

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Definitions:

Inherited Traits

Characteristics or attributes genetically passed from parents to offspring through their genes.

Natural Selection

The process by which organisms that are better adapted to their environment survive and reproduce more successfully than less well-adapted organisms.

Reproduction

The biological process through which new individual organisms are produced from their parents.

Survival

The state or fact of continuing to live or exist, typically in spite of an accident, ordeal, or difficult circumstances.