The Cash Conversion Cycle Is the Time Between

question 69

Multiple Choice

The cash conversion cycle is the time between:

• A)cash payment for inventory and collection of accounts receivable.
• B)placement of an order and cash payment for it.
• C)receipt of inventory and cash payment for it.
• D)sale of inventory and cash collection of accounts receivable.

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Definitions:

Secondary Storage

Secondary storage refers to non-volatile memory that is used for storing data permanently, such as hard drives, SSDs, CDs, and USB flash drives.

Hard Disks

Non-volatile storage devices used to store and retrieve digital information using rapidly rotating disks.

Floppy Disks

A type of data storage medium that was commonly used in the past, consisting of a thin disk of a flexible magnetic storage medium encased in a square or rectangular plastic shell.

Keyboards

Input devices used to enter characters and functions into a computer system by pressing keys.