SOFE Exam SOFA-CFE Topic 8 Question 106 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 106
Topic #: 8

The receivable turnover can be calculated by which of the following formula:

AReceivable turnover = Net Sales on Account / Average Net Receivables

BReceivable turnover = Gross Sales on Account / Average Gross Receivables

CReceivable turnover = Net Sales on Receivables / Average Net Account

DReceivable turnover = Gross Sales on Receivables / Average Gross Account

Show Suggested Answer

Suggested Answer: A

by Patria at Jan 23, 2025, 07:39 PM

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