The Cash Conversion Cycle (CCC)is Defined As

question 34

Multiple Choice

The cash conversion cycle (CCC) is defined as:

• A)Inventory Days + Accounts Receivable Days - Accounts Payable Days.
• B)Inventory Days - Accounts Receivable Days - Accounts Payable Days.
• C)Inventory Days + Accounts Receivable Days + Accounts Payable Days.
• D)Inventory Days + Accounts Payable Days - Accounts Receivable Days.

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Definitions:

Semiconductor Manufacturer

A semiconductor manufacturer is a company involved in the fabrication of semiconductor devices, essential components in electronic devices.

Management's Approval

An endorsement or sanction by the managerial level of an organization for a proposal, plan, or action.

Drafting

The process of drafting refers to creating preliminary versions of documents or designs.

Outline

A general description or plan showing the essential features of something but not the detail.