Question
What is the expected result of increasing the customer repayment period from 45 days to 60 days? A : Credit risk will decrease. B :
What is the expected result of increasing the customer repayment period from 45 days to 60 days?
A : Credit risk will decrease.
B : The accounts receivable turnover rate will increase.
C : Net sales will decrease.
D : The average collection period will increase.
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Artificial Intelligence In Accounting And Auditing Knowledge Representation Accounting Applications And The Future Volume 3
Authors: Miklos A. Vasarhelyi
1st Edition
1558760784, 978-1558760783
