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The first and most important step in the assessment process is to:
Obligations
Duties or commitments that one is bound to fulfill legally or morally.
Cash Conversion Cycle
An indicator that calculates the duration required for a business to transform its inventory investments and additional resources into cash flows resulting from sales.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Inventory
The total amount of goods or materials a business has on hand, including raw materials, components, and finished products.
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