Which Action Would NOT Be Likely to Shorten the Length

question 61

Multiple Choice

Which action would NOT be likely to shorten the length of the cash conversion cycle?

• A)adopting a new inventory system that reduces the inventory conversion period
• B)reducing the average DSO on its accounts receivable
• C)reducing the amount of time the company takes to pay its suppliers
• D)increasing sales while maintaining the same level of receivables

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Definitions:

Social Events

Gatherings or activities designed for the purpose of social interaction, entertainment, or celebration.

Political Negotiations

The process by which political representatives of different groups or countries come together to discuss and resolve issues of mutual interest, often to reach a compromise or formal agreement.

Elected Officials

Public figures who have been chosen through a democratic process, such as voting, to hold a specific public office.

Economic Policy

The strategies and actions employed by governments and central banks to regulate and stabilize the economy, including fiscal policy, monetary policy, and trade policy.