Which of These Is Not a Way in Which the Length

question 34

Multiple Choice

Which of these is not a way in which the length of the operating cash cycle can be reduced?

• A)Cut back on the average time inventory is held.
• B)Reduce the time taken to pay accounts payable.
• C)Impose tighter controls on accounts receivable to encourage prompt payment.
• D)None of the above, i.e., all are ways in which the length of the operating cash cycle can be reduced.

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Definitions:

Cultural Tools

involve artifacts, symbols, and practices that a society uses to mediate thinking, communication, and understanding.

Time Orientation

The way in which individuals or cultures perceive and value time, which can affect planning, punctuality, and the emphasis on past, present, or future events.

The Present

The current moment or period in time, distinguished from the past and the future.

The Future

An undefined period of time that has yet to occur, often considered in terms of the potential for positive or negative events.