Accounts receivable turnover shows how well management is doing in granting credit to customers.

Name: Accounts receivable turnover shows how well management is doing in granting credit to customers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Accounts receivable turnover measures how quickly a company collects payment from its customers, indicating how effectively management is managing credit and collection policies. A higher turnover implies more efficient debt collection and therefore better management of credit.

Accounts Receivable Turnover Shows How Well Management Is Doing in Granting