Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. it is particularly important in growth companies f

It is particularly important in growth companies for auditors to monitor the entitys collection period...

70.2K

Verified Solution

Question

Accounting

It is particularly important in growth companies for auditors to monitor the entitys collection period because any growth in sales is usually accompanied by ________.

- increase in premium gross margins

- increase in the market share for the clients product

- growth in accounts receivables that consume operating cash

- decrease in the clients collection period

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The company, produce in-house in the US; The cost of equipment totals into 32.5 million at...

Finance
Q

Treyton sold an apartment building for $600,000. His basis in the building was $360,000 subject to...

Accounting
Q

57 Carbamoyl phosphate synthetase A is an essential precursor in pyrimidine biosynthesis B is one...

Biology
Q

Two non mixing liquids of densities p and no n 1 are put in a...

Physics
Q

7 A 10 8 12 45 a 45 b 9 V5 Y V5

Geometry
Q

4 points Evaluate each of the following products 3 a k 3 k 1 3...

Basic Math
Q

2 Consider the following initial value problem of the second order y 3y 2y 6e...

Calculus
Q

11 Which number is farthest from the origin in the complex plane molen lbi silt...

Algebra
Q

e-2. Prepare closing entries and post these closing...

Accounting
Q

Exercise 17.25(Algo) Postretirement benefits; determine APBO, service cost, interest cost; prepare journal entry [LO17-10,17-11] ...

Accounting
Q

Sandhill Inc. purchased a patent on January 1, 2023 for $500000. Sandhill did not record...

Accounting
Q

Zolnick Enterprises has two hourly employees - Kelly and Jon. Both employees earn overtime at...

Accounting