The Calculation for Days in Payables Is Very Similar to Days

question 26

True/False

The calculation for days in payables is very similar to days sales outstanding and days in inventory.

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Definitions:

PMS

Pre-Menstrual Syndrome, a condition that affects a woman's emotions, physical health, and behavior during certain days of the menstrual cycle, generally just before her menses.

Hypnotized

The state of being under hypnosis, characterized by increased suggestibility, relaxation, and focused attention.

Hypnosis

A trance-like state of heightened susceptibility to suggestion, used for therapeutic purposes or in research.

Explanations

Statements or accounts that make something clear by describing it in more detail or revealing relevant facts or ideas.