Which One of the Following Will Decrease the Operating Cycle

question 60

Multiple Choice

Which one of the following will decrease the operating cycle?

• A)decreasing the inventory turnover rate
• B)decreasing the accounts payable period
• C)increasing the accounts receivable turnover rate
• D)increasing the accounts payable period
• E)increasing the accounts receivable period

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Definitions:

New Software System

The implementation or upgrade of computer programs and applications to support organizational operations.

Socialization Tactics

The strategies and methods used by an organization to integrate, acculturate, and train new members.

Cultural Change

Transformation in the values, norms, customs, and practices of a group or society over time.

Competitive Advantage

A condition or circumstance that puts a company in a favourable or superior business position compared to its competitors.