The Green Fiddle Increased Its Operating Cycle from 139 Days

question 34

Multiple Choice

The Green Fiddle increased its operating cycle from 139 days to 146 days while the cash cycle decreased by 3 days. How have these changes affected the accounts payable period?

• A) Decreased by 10 days
• B) Decreased by 4 days
• C) Decreased by 1 day
• D) Increased by 4 day
• E) Increased by 10 days

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Definitions:

Nuclear Family

Two-generational kinship, economic, and household unit consisting of one or two parents and their biological children, adopted children, or stepchildren.

Extended Family

A family grouping that extends beyond the nuclear family, including relatives such as grandparents, aunts, uncles, and cousins.

Multigenerational Kinship

The study or concept of familial relationships that span across multiple generations within a family.

Extended Family

Refers to a family group that extends beyond the immediate nuclear family to include other relatives such as grandparents, aunts, uncles, and cousins.