Which of the Following Could Be the Cause of a Lengthening

question 3

Multiple Choice

Which of the following could be the cause of a lengthening cash cycle?

• A)Increasing the inventory turnover
• B)Issuing credit to less credit-worthy customers than in previous periods
• C)Increasing the accounts payable period
• D)Extending the time period before paying a supplier for a credit purchase
• E)Offering customers cash discounts for prompt payment

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Definitions:

Selective Optimization

A strategy focusing on optimizing development by selecting and enhancing the best personal or environmental resources while compensating for declines or losses.

Erik Erikson

Known for his work on human psychological development, he is a psychoanalyst and developmental psychologist.

Abraham Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling inherent human needs.

Older Adulthood

A life stage characterized by ages 65 and above, often associated with retirement, changing physical and cognitive abilities, and adjustments in social roles.