The Number of Days,on Average,that a Firm Is Extending Credit

question 8

Multiple Choice

The number of days,on average,that a firm is extending credit to its customers is called

• A)cash conversion period
• B)days in inventory.
• C)days sales outstanding.
• D)cash flow cycle.

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Definitions:

Perceptual

Perceptual relates to the ability to perceive or the process of becoming aware of something through the senses.

Apprentices

Individuals who learn a trade or profession through practical experience under the supervision of skilled workers, combining on-the-job training with formal instruction.

Interactions

The reciprocal action or influence between entities, such as individuals or systems, impacting one another.

Scaffolding

An educational technique that involves providing initial support to learners, gradually reducing the support as learners become more competent.