Which One of the Following Will Not Affect the Operating

question 14

Multiple Choice

Which one of the following will not affect the operating cycle?

• A)Decreasing the payables turnover from 7 times to 6 times
• B)Increasing the days sales in receivables
• C)Decreasing the inventory turnover rate
• D)Increasing the average receivables balance
• E)Decreasing the credit repayment times for the firm's customers

Acknowledge the role of triggers in the recovery process from substance use disorders and strategies to manage them.

Understand the defining characteristics and purposes of major organizational structures (functional, divisional, matrix, team-based, network).

Identify the benefits and drawbacks of various departmentalization methods.

Recognize the significance of the span of control in organizational design and its relationship with hierarchical structures.

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Definitions:

Summary of Significant Accounting Policies

A section in financial statements that describes the key accounting policies and estimations used in preparing the financial statements.

Subsequent Events

Events that occur after the balance sheet date but before the financial statements are issued or available to be issued, affecting the financial information presented.

Material and Likely

A term used to describe when an event is both significant enough to impact financial decisions and has a reasonable chance of occurring.

Statement of Financial Position

A financial statement that shows an entity's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial health.