In a Perfect World, a Firm Would Prefer to Have

question 47

Multiple Choice

In a perfect world, a firm would prefer to have a

• A)positive operating cycle.
• B)negative operating cycle.
• C)positive cash conversion cycle.
• D)negative cash conversion cycle.
• E)none of above are correct

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Definitions:

Sanctions

Refers to officially imposed penalties or rewards used to encourage compliance with laws, social norms, or regulations.

Conformity

is the act of aligning one's beliefs, attitudes, and behaviors with those of a group or societal norms.

Values

The abstract standards in a society or group that define ideal principles.

Abstract Standards

General guidelines or criteria not tied to specific examples or cases, often used for evaluation.