Which of the following is an indirect planning assumption?
A)A 3% reduction in product price
B)A decrease in interest rates from 8% to 7%
C)An improvement in the average collection period from 45 to 40 days
D)None of the above are indirect assumptions.

Question

Quizplus · Accepted Answer

An improvement in the average collection period from 45 to 40 days is an indirect planning assumption because it is not directly under the control of the company.

Which of the Following Is an Indirect Planning Assumption