Days' sales in receivables may be abnormally high if a material amount of sales are on a cash basis

Indicate whether the statement is true or false


F

Business

You might also like to view...

Which of the following best defines the duty of care to which a member of a member-managed LLC (limited liability company) must adhere?

A) the duty of not engaging in a known violation of law B) the duty of not usurping an opportunity of the LLC C) the duty of not competing with the LLC's business D) the duty of not engaging in undisclosed self-dealing

Business

If a will client is discussing her family with the paralegal, and she mentions that she only has two children and three grandchildren whom she would like to take under her will, that client wishes to leave her estate to her:

A) lineal descendants. B) lineal ascendants. C) collateral relatives. D) trustee and administrator.

Business

During the planning stage of the project implementation review process, the project manager needs to use project management tools to understand, analyze, and solve all issues

Indicate whether the statement is true or false

Business

Huge federal government deficits have made put many Treasury bonds in default

Indicate whether the statement is true or false

Business