Which One of the Following Will Decrease the Operating Cycle

question 75

Multiple Choice

Which one of the following will decrease the operating cycle?

• A) Paying accounts payable faster
• B) Discontinuing the discount given for early payment of an accounts receivable
• C) Decreasing the inventory turnover rate
• D) Collecting accounts receivable faster
• E) Increasing the accounts payable turnover rate

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Definitions:

Traditional Recruitment

The process of filling job vacancies through conventional methods such as advertising in newspapers or job boards and using recruitment agencies.

Reference Checks

The process of contacting previous employers, colleagues, or professional contacts of a job applicant to verify information and gain insights into their capabilities.

Past Work Records

Documentation or evidence of an individual's previous employment experiences, achievements, and performance.

Employment Test

Consists of assessments used by employers to evaluate potential or current employees' abilities, skills, personality, and fit for a job.