The Time Interval Between Paying for Raw Materials and Collecting

question 84

Multiple Choice

The time interval between paying for raw materials and collecting on sales of finished goods is known as the:

• A) inventory cycle.
• B) matching cycle.
• C) cash conversion cycle.
• D) accounts receivable cycle.

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus.

Unwanted Response

A reaction, often in the context of behavior or psychology, that is not desired or intended, sometimes resulting from external stimuli or internal conflicts.

Stimulus Generalization

The tendency for the conditioned response to be evoked by stimuli that are similar to the stimulus that was originally used to condition the response.

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus.