Match the Term with Its Definition

question 31

Multiple Choice

Match the term with its definition.
-The number of days, on average, that a business takes to pay its accounts payable

• 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:

Time-Management Skills

Refers to the ability to use one's time effectively or productively, especially at work or in daily activities.

Short-Term Goal

An objective set to be achieved in the near future, often serving as a step towards a longer-term goal.

Data Scientist

A professional who uses statistical, mathematical, and computational methods to analyze and interpret large data sets.

Data Analytics

The science of analyzing raw data to make conclusions about that information, utilizing various techniques and tools.