The Difference Between the Number of Days Resources Are Tied

question 209

Multiple Choice

The difference between the number of days resources are tied up in the operating cycle and the number of days the firm can use spontaneous financing before payment is made is the

• A) average payment period.
• B) average age of inventory.
• C) average collection period.
• D) cash conversion cycle.

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Definitions:

Morphogenesis

Emergence of shape in tissues, organs, or the entire embryo during development.

Body Shape

The physical form or structure of a person's body, often described in terms of proportion, distribution of muscle and fat, and skeletal structure.

Gastrulation

A phase early in the embryonic development of most animals, during which the single-layered blastula is reorganized into a multilayered structure known as the gastrula.

Tissue Layer

A group of cells of similar type that work together to perform a specific function within an organism.