A key to estimating an accurate amount of cash to be collected from sales is:

Question

Quizplus · Accepted Answer

Both the accuracy of the sales forecast and the estimated collection patterns for sales are important in estimating an accurate amount of cash to be collected from sales. A realistic sales forecast will give an idea of the amount of sales that will be made, while the estimated collection patterns for sales will provide insights into how quickly the sales will be collected. Therefore, both a and b are keys to accurately estimate the amount of cash to be collected from sales.

A Key to Estimating an Accurate Amount of Cash to Be