Other Things Held Constant,which of the Following Would Tend to Reduce

question 108

Multiple Choice

Other things held constant,which of the following would tend to reduce the cash conversion cycle?

• A) Carry a constant amount of receivables as sales decline.
• B) Place larger orders for raw materials to take advantage of price breaks.
• C) Take all discounts that are offered.
• D) Continue to take all discounts that are offered and pay on the net date.
• E) Offer longer payment terms to customers.

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Definitions:

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Emotions

Complex states of feeling that result in physical and psychological changes influencing thought and behavior.

Primary Circular Reactions

The repetition of actions that first occurred by chance and that focus on the infant’s own body.

External Environment

All outside factors and influences that affect the development, behavior, and survival of an organism or organization.