Managing the Relationship Between Current Assets and Current Liabilities of the Firm

question 63

Multiple Choice

Managing the relationship between current assets and current liabilities of the firm in order to improve the flow of funds is called ________.

• A)the business operating cycle
• B)the cash conversion cycle
• C)working capital management
• D)the production cycle

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Definitions:

Sincerely

A form of sign-off in correspondence that indicates genuineness and goodwill.

Spelling

The act of correctly sequencing the letters that form a word when writing or naming them.

Permitted

Allowed or authorized by law or by some authority.

Spelling

The correct arrangement of letters to form a word.