Examlex
Which of the following is not true regarding the importance of establishing sourcing team goals?
Accounts Receivable Period
The mean duration that a company requires to receive payments from credit sales, reflecting the effectiveness of its policies on credit and collections.
Operating Cycle
The period of time between the acquisition of inventory by a company and the receipt of cash from accounts receivable from the sale of that inventory.
Inventory Period
The time it takes for a company to turn its inventory into sales.
Accounts Payable Period
The duration it takes for a company to pay off its supplier invoices.
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