An Increase in the Average Payment Period Will Result in ________

question 290

Multiple Choice

An increase in the average payment period will result in ________ in the operating cycle.

• A) an increase
• B) a decrease
• C) an undetermined change
• D) no change

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Definitions:

Positive Feedback

A process in which an initial change leads to further changes that reinforce the initial one, often leading to amplification of the effect.

Dams

Structures built across rivers or streams to restrict the flow of water, typically for the purposes of water storage, flood management, or electricity generation through hydropower.

Inexpensive

Items or services that are low in cost, making them accessible to a wide range of consumers.