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Explain the difference between collection fractions and receivables balance fractions. Multiples choices are: the collection fraction is always larger than receivables balance fraction the larger
Explain the difference between collection fractions and receivables balance fractions.
Multiples choices are:
the collection fraction is always larger than receivables balance fraction
the larger the collection fraction the smaller the receivables balance fraction | ||
the collection fraction is the percentage of sales collected in that month | ||
the receivables balance fraction is the percentage of sales (from the original months sales) that has not yet been collected | ||
A and B | ||
A and C | ||
A and D | ||
B and C | ||
B and D | ||
C and D | ||
all but A | ||
all but B | ||
all but C | ||
all but D | ||
all are true |
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