A decreasing average collection period could be associated with (select the one best answer)

Question

Quizplus · Accepted Answer

A decreasing average collection period means that a company is taking less time to collect its accounts receivable, which could be due to increasing sales or decreasing account receivable. Therefore, the best choice is D, which includes both increasing sales (associated with a growing business) and decreasing account receivable (associated with more efficient collections).

A Decreasing Average Collection Period Could Be Associated with (Select