What Is the Purpose of the Cash Conversion Cycle (CCC)

question 90

Multiple Choice

What is the purpose of the cash conversion cycle (CCC) ?

• A)It shows how long a firm must finance its long-term capital.
• B)It shows how long a firm must finance its operating working capital.
• C)It shows how long a firm must finance its mortgage capital.
• D)It shows how long is must finance its inventories.

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Definitions:

Battered Child Syndrome

A medical condition in which physical signs of repeated abuse are found on a child's body, indicative of serious injuries caused by violence or negligence.

Child Maltreatment

Includes physical, sexual, and emotional abuse, as well as neglect of a child by a caregiver or parent.

Permanency Planning

A social work practice aimed at ensuring children in foster care or the welfare system have stable, long-term living situations with nurturing caregiver(s).

Tertiary

Pertaining to the third level or stage in a series, often used to describe the third level of education, which follows secondary education.