Matching
Match each item to the best description You may use each choice more than once or not at all.
Premises:
Operating cycle
Net realizable value
Allowance method
Collection period
Hedging
Responses:
(Accounts receivable∕sales) x 365
Amount of Accounts Receivable to be collected
Proper matching achieved
Used to reduce risk
Cash-purchase-sale-cash
(Accounts receivable∕sales) x 366
(Accounts receivable∕sales) x 367
(Accounts receivable∕sales) x 368
(Accounts receivable∕sales) x 369
Correct Answer:
Premises:
Responses:
(Accounts receivable∕sales) x 365
Amount of Accounts Receivable to be collected
Proper matching achieved
Used to reduce risk
Cash-purchase-sale-cash
(Accounts receivable∕sales) x 366
(Accounts receivable∕sales) x 367
(Accounts receivable∕sales) x 368
(Accounts receivable∕sales) x 369
Premises:
(Accounts receivable∕sales) x 365
Amount of Accounts Receivable to be collected
Proper matching achieved
Used to reduce risk
Cash-purchase-sale-cash
(Accounts receivable∕sales) x 366
(Accounts receivable∕sales) x 367
(Accounts receivable∕sales) x 368
(Accounts receivable∕sales) x 369
Responses:
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