Which of the Following Actions Are Likely to Reduce the Length

question 110

Multiple Choice

Which of the following actions are likely to reduce the length of a company's cash conversion cycle?

• A) Adopting a new inventory system that reduces the inventory conversion period.
• B) Reducing the average days sales outstanding (DSO) on its accounts receivable.
• C) Reducing the amount of time the company takes to pay its suppliers.
• D) Statements a and b are correct.
• E) All of the statements above are correct.

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Definitions:

Prosocial Behavior

Actions intended to benefit others, including helping, sharing, and comforting.

Postconventional Level

Refers to the highest stage in Kohlberg's theory of moral development, where moral reasoning is based on personal principles and societal rules.

Moral Development

The process by which individuals develop the ability to distinguish right from wrong, make ethical decisions, and act in accordance with societal norms and personal principles.

Conventional Level

A stage of moral development in which a person's behavior is guided by conforming to the social norms of what is considered right or wrong.