Match the Term with Its Definition

question 64

Multiple Choice

Match the term with its definition.
-The number of days, on average, that a firm extends credit to its customers

• A)cash conversion period
• B)days in inventory
• C)days in payables
• D)days sales outstanding (average collection period)
• E)lock box
• F)working capital cycle
• G)working capital management

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Definitions:

Social Life

The part of an individual's time that is spent interacting with others, participating in social activities and forming relationships.

Culture

The shared beliefs, customs, arts, institutions, and all other products of human work and thought created by a group of people at a particular time.

Superior Officer

A person who holds a higher rank and typically has authority over others within a hierarchical organization, such as the military or police.

Disobey

To refuse to follow orders or instructions.