Examlex
Which of the following is not typically checked by an auditor in a review of a responsibility system of computer program development and maintenance?
Operating Cycle
The amount of time it takes for a business to buy inventory, sell that inventory, and collect cash from the sale.
Cash Cycles
The duration it takes for a business to convert its investments in inventory and other resources back into cash flows from sales.
Accepts Cash
A phrase indicating that a business or entity is willing to receive cash as a form of payment for goods or services.
Permanent Working Capital
The minimum amount of working capital that a company needs to operate continuously.
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