If days' sales in receivables are materially longer than the credit terms, this indicates a collection problem.
A: 正确
B: 错误
A: 正确
B: 错误
举一反三
- ______ One of the questions the manager would ask when average collection period (days’ sales in receivables) is significantly higher than the industry norm is ___________________________.
- A business must write off an irrecoverable debt of $3,000.What is the journal entry to record this in the nominal ledger? A: Debit Trade receivables $3 ,000; Credit Sales $3,000 B: Debit Sales $3,000; Credit Trade receivables $3 ,000 C: Debit Irrecoverable debt expense $3,000; Credit Trade receivables $3,000 D: Debit Trade receivables $3,000; Credit Sales $3,000
- Which of the following does not bear on the quality of receivables? A: shortening the credit terms B: lengthening the credit terms C: right of return privilege D: all of the answers bear on the quality of receivables
- When evaluating the days' sales uncollected ratio, generally the more time that money is tied up in receivables the better A: 正确 B: 错误
- Which of the following does not bear on the quality of receivables? A: shortening the credit terms B: lengthening the credit terms C: right of return privilege D: lengthening the outstanding period E: all of the answers bear on the quality of receivables