Average Payment Period Measures

question 1

Multiple Choice

Average payment period measures

• A) The number of days an organization can meet its current expenses with it existing cash and marketable securities
• B) How quickly short-term liabilities are paid
• C) The time lag between production of a good or service and receipt of payment for this work
• D) The ability to meet short-term obligations with current assets

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Definitions:

Legislation

Laws and regulations enacted by governmental bodies to govern behavior, processes, and standards within a society.

Red Cross

An international humanitarian organization that provides emergency assistance, disaster relief, and education within communities under the principles of neutrality and impartiality.

Outpost Stations

Remote or strategically located stations positioned for monitoring, defense, or research purposes.

Diverse Skills

A broad range of abilities and competencies from different areas or disciplines.