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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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