Examlex
What does the managerial function of controlling involve?
Cash Cycle
The cash cycle is the period between the purchase of inventory and the collection of receivables from the sale of that inventory.
Receivables Period
The usual period a business needs to obtain payments from customers for goods or services sold on a credit basis.
Inventory Period
The time it takes for a company to turn its inventory into sales, often measured in days or weeks.
Cash Cycle
The period between the acquisition of inventory by a business and the collection of accounts receivable generated by the sale of that inventory.
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