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Current Attempt Progres All of the following statements are true regarding the average collection period except: it should generally exceed the credit term period. O

Current Attempt Progres All of the following statements are true regarding the average collection period except: it should generally exceed the credit term period. O its increase may suggest a decline in the financial health of customers. O it is a popular variant of the accounts receivable turnover. O it is used to assess the effectiveness of a company's credit and collection policies.
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All of the following statements are true regarding the avorage collection period except: it should senerally exceed the credit term period. its increase mary suggest a dectine in the financial health of customers. it is a popular variant of the accounts recelvable turnover. it is used to assess the effectiveness of a company's credit and collection policies

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