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:

Division of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Class Distinctions

The categorization of individuals or groups based on their status, wealth, education, and other socioeconomic factors, leading to differential treatment and opportunities.

Intelligence

The capacity for learning, understanding, and applying knowledge and skills, often seen as the ability to adapt to new situations.

Interdependence

A mutual reliance between two or more groups or things, where each is dependent on the other for success or survival.