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:

Airplane Manufacturer

A company or entity involved in the designing, building, and selling of aircraft.

Planning

The process of defining goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities.

Business Strategy

A plan of action designed to achieve specific long-term goals and objectives, guiding the direction of a business's efforts.

Central Challenge

The primary or most significant problem faced by an individual, organization, or system at any given time.