A Negative Cash Conversion Cycle (CCC) Means the Average Payment

question 263

True/False

A negative cash conversion cycle (CCC) means the average payment period (APP) exceeds the operating cycle (OC).

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Definitions:

Trade Surplus

A situation where the value of a country's exports exceeds the value of its imports, indicating a positive balance of trade.

Exports

Goods or services produced in one country and sold to buyers in another, contributing to the exporting country's GDP.

Imports

Goods and services bought by a country from foreign markets.

Trade Surplus

A situation where a country's exports exceed its imports for a given period, leading to a positive balance of trade.