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NEW QUESTION: 1
The CFO of a company is concerned about the company's accounts receivable turnover ratio. The
company currently offers customers terms of 3/10, net 30. Which of the following strategies would most
likely improve the company's accounts receivable turnover ratio?
A. Pledging the accounts receivable to a finance company.
B. Changing customer terms to 3/20, net 30.
C. Entering into a factoring agreement with a finance company.
D. Changing customer terms to 1/10, net 30.
Answer: C
Explanation:
Choice "c" is correct. The accounts receivable turnover ratio is expressed as Sales / Accounts
Receivable. A reduction in accounts receivable would serve to improve (increase) the turnover ratio.
Factoring (selling) receivables would serve to reduce the amount of accounts receivable (indicating more
rapid collections) thereby increasing (improving) the company's accounts receivable. Choice "a" is
incorrect. Pledging accounts receivable does not impact either sales or accounts receivable. There would
be no improvement in the accounts receivable turnover ratio. Choice "b" is incorrect. Changing the
customer terms from 3/10, net 30 to 1/10, net 30 would actually reduce discount incentives to pay timely.
Accounts receivable would likely remain the same or be higher. There would be no improvement in the
company's accounts receivable turnover ratio. Choice "d" is incorrect. Changing the customer terms from
3 /10, net 30 to 3/20, net 30 would actually reduce incentives to pay timely by increasing the amount of
time in which the customer could capitalize on the discount. Accounts receivable would likely remain the
same or be higher. There would be no improvement in the company's accounts receivable turnover ratio.
NEW QUESTION: 2
Which of these options is central to the reporting from Facebook's Advertising platform?
A. People
B. Businesses
C. Clicks
D. Cookies
Answer: A
Explanation:
Explanation: People are placed at the centre of the Facebook Advertising platform. Behaviour can be tracked across the multiple devices consumers currently tend to use. Facebook highlights the weakness that "counting clicks and cookies alone makes it hard to know if youre driving meaningful business results."
NEW QUESTION: 3
Which three actions must be completed before a worker can associate a goal to a goal plan, including a weight?
A. The worker must select the goal from the goal library.
B. The goal plan must include the worker's goal.
C. The goal must have the same Start Date as the goal plan.
D. The goal plan must be assigned to the worker's department.
E. The goal plan must enable weights.
F. The goal plan must be assigned to the worker.
G. The worker must select the goal plan when creating the goal.
Answer: B,C,E
Explanation:
Explanation/Reference:
Reference: https://docs.oracle.com/cd/E60665_01/common/FAIGM/FAIGM1427689.htm#FAIGM195400
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