Days in A/R is calculated based on the value of:

CRCR Multiple Choice Test

Question Number 6

Days in A/R is calculated based on the value of:

a) The total accounts receivable on a specific date

b) Total anticipated revenue minus expenses

c) The time it takes to collect anticipated revenue

d) Total cash received to date

✔ Correct Answer:

c) The time it takes to collect anticipated revenue

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CRCR Multiple Choice Test

Question Number 6

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