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Which of the following is NOT true about restorative justice conferences?
Accounts Receivable Period
The accounts receivable period is the average number of days it takes a company to collect payments owed by its customers.
Operating Cycle
The period of time between the acquisition of goods for production and the cash received from their sale.
Cash Cycle
The period between the outlay of cash for the purchase of inventory and the receipt of cash from accounts receivable, representing the time it takes for a company to turn its investments in inventory back into cash.
Receivables Factoring
The process of selling a business's accounts receivable to a third party at a discount to quickly generate cash.
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