Which of the Following Are Included in the Cash Conversion

question 114

Multiple Choice

Which of the following are included in the cash conversion cycle?

• A)inventory conversion period, the receivables collection period, and the payables deferral period
• B)inventory conversion period, the receivables collection period, and the long-term assets cycle
• C)acid test period, the receivables collection period, and the payables deferral period
• D)the inventory conversion period and the payables deferral period

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Definitions:

Seventh Circuit

The Seventh Circuit refers to a division of the U.S. federal courts that covers parts of the Midwest, including states like Illinois, Indiana, and Wisconsin.

Conversion

Permanent interference with another’s use and enjoyment of his or her personal property.

Innkeepers

Entities that are regularly in the business of making lodging available to the public.

Strict Liability

Liability in which responsibility for damages is imposed regardless of the existence of negligence. Also called liability without fault.