menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 5
  4. Exam
    Exam 8: Cash and Internal Controls
  5. Question
    When Evaluating the Days' Sales Uncollected Ratio, Generally the Less
Solved

When Evaluating the Days' Sales Uncollected Ratio, Generally the Less

Question 174

Question 174

True/False

When evaluating the days' sales uncollected ratio, generally the less time that money is tied up in receivables the better.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q38: A voucher system's control over cash disbursements

Q169: The voucher system of control:<br>A) Is a

Q170: A voucher is an internal document or

Q172: Fraud does not include collusion, which is

Q173: When two clerks share the same cash

Q175: Vouchers should be used only for purchases.

Q176: A company records invoices at net amounts.

Q177: The _ account is used to record

Q178: The journal entry for petty cash reimbursement

Q179: The number of days' sales uncollected:<br>A) Is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines