A Depreciation Is

question 105

Multiple Choice

A depreciation is

• A) a decrease in the value of currency.
• B) a decrease in the trade deficit.
• C) an increase in the trade surplus.
• D) an increase in the value of currency.

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Definitions:

Cash Cycle

Also known as the cash conversion cycle, it measures the time it takes for a company to turn its inventory into cash flows from sales.

Accounts Payable Period

The Accounts Payable Period is the average time it takes for a business to pay off its creditors, indicating the efficiency of its payment process.

Use Of Cash

Describes how a business or individual allocates cash resources for various purposes.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not likely to be converted to cash in the short term.