Other Factors Remaining Constant, an Increase in the Average Payment

question 327

Multiple Choice

Other factors remaining constant, an increase in the average payment period will ________.

• A) increase the average collection period
• B) decrease the operating cycle
• C) not affect the cash conversion cycle
• D) not affect the operating cycle

---

Definitions:

Unconscious Memories

Memories that are not within an individual's conscious awareness, often influencing behaviors and decisions without one's explicit understanding.

Cerebellum

The part of the brain at the back of the skull in vertebrates, which coordinates and regulates muscular activity.

Hippocampus

A major component of the brain, located in the medial temporal lobe, playing important roles in the consolidation of information from short-term memory to long-term memory, and in spatial memory that enables navigation.

Types Of Memories

The classification of memory into different types, such as short-term, long-term, procedural, and episodic memory.