The number of times a company collects the average accounts receivable balance in a year is known as the accounts receivable turnover ratio

________ is the risk that the sampling plan will fail to verify an acceptable lot's quality and thus reject it–a type I error

Fill in the blanks with correct word

Policies

A) let both employees and managers know what is expected of them. B) provide a basis for management control. C) allow coordination across organizational units. D) reduce the amount of time managers spend making decisions. E) all of the above