In Which Two Situations Does the Customer and Network Lifecycle

question 4

Multiple Choice

In which two situations does the Customer and Network Lifecycle workbook need to be updated? (Choose two.)

• A) On the 31st of January every year, even if no changes have been made to the ACP 4200.
• B) When an ACP 4200 component password is changed.
• C) When a new Administrator is given access to the ACP 4200.
• D) When a new host server is added to the ACP 4200.

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Definitions:

Payables Deferral Period

The average time between the purchase of goods or services by a company and the payment of this outstanding money to its suppliers.

Cash Conversion Cycle

The length of time between the firm’s actual cash expenditures on productive resources (materials and labour) and its own cash receipts from the sale of products (i.e., the length of time between paying for labour and materials and collecting on receivables). Thus, the cash conversion cycle equals the length of time the firm has funds tied up in current assets.

Accounts Payable

Accounts Payable is the amount of money owed by a company to its creditors for goods and services purchased on credit.

Financial Cost

Expenses associated with borrowing funds or purchasing on credit, including interest expenses, fees, and other charges.