The Number of Days, on Average, That a Business Is

question 64

Multiple Choice

The number of days, on average, that a business is extending credit to its customers is called:

• A)cash conversion cycle.
• B)average age in inventory.
• C)average collection period.
• D)cash flow cycle.

---

Definitions:

Subordinates

Individuals who work under the direction or control of someone in a higher position within an organization.

Consult

To seek advice or information from someone with expertise in a particular area.

Decide Style

The manner or approach a person uses to make decisions, often characterized by the level of involvement and analysis.

Team

A group of individuals collaborating to achieve a specific goal, characterized by mutual accountability and complementary skills.