The financial manager typically cannot control the level of credit sales, and hence the company's
investment in accounts receivable, as the level of credit sales is determined in large part by the
nature of the business enterprise.
Indicate whether the statement is true or false
TRUE
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Which of the following statements is true about the Uniform Computer Information
Transactions Act (UCITA)? A) The UCITA does not become law until a state's legislature enacts it as a state statute. B) The UCITA is a model act that establishes a uniform and comprehensive set of rules that governs the creation, performance, and enforcement of computer information transactions. C) Unless displaced by the UCITA, state law and equity principles supplement the UCITA. D) B and C only E) A, B, and C
Changes in capacity may lead, lag, or straddle the demand
Indicate whether the statement is true or false