Which One of the Following Will Decrease the Operating Cycle

question 96

Multiple Choice

Which one of the following will decrease the operating cycle?

• A) Decreasing the inventory turnover rate
• B) Decreasing the accounts payable period
• C) Increasing the accounts receivable turnover rate
• D) Increasing the accounts payable period
• E) Increasing the accounts receivable period

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Definitions:

Status Hierarchies

Describes the ranking or ordering of individuals or groups within a society based on various criteria such as wealth, authority, or prestige.

Roles

The defined behaviors, duties, and responsibilities expected of individuals in specific positions or social settings.

Group Think

A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Belief Systems

Comprehensive frameworks of values and principles that individuals or groups use to understand and interpret the world.