If your firm's DSO or aging schedule deteriorates from the first quarter of the year to the second quarter, this is a clear indication that your firm's credit policy has weakened.

Question

Quizplus · Accepted Answer

A deterioration in DSO or aging schedule could indicate that customers are taking longer to pay, but it doesn't necessarily mean the credit policy has weakened; it could be due to other factors like economic conditions or changes in customer behavior.

If Your Firm's DSO or Aging Schedule Deteriorates from the First