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The number of days sales outstanding (DSO) for accounts receivable is 25 days. The best standard to compare this ratio against would be: A: budget
The number of days sales outstanding (DSO) for accounts receivable is 25 days. The best standard to compare this ratio against would be:
A: budget
B: prior year
C: credit terms on invoice
D: industry average
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Management Accounting For Beginners
Authors: Nicholas Apostolides
1st Edition
0815351224, 978-0815351221
