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Question 50 (5 points) An auditor's preliminary analysis of accounts receivable turnover revealed the following rates over these accounting periods: Year 3 Year 2 year

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Question 50 (5 points) An auditor's preliminary analysis of accounts receivable turnover revealed the following rates over these accounting periods: Year 3 Year 2 year 1 4.3 6.2 7.3 Which of the following is the most likely cause of the decrease in accounts receivable turnover? Increase in cash discount offer. Liberation of credit policy Shortenings of due date terms Increased cash sales

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