One of the Components of a Cash Conversion Cycle Is

question 55

True/False

One of the components of a cash conversion cycle is the average collection period.

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Definitions:

Stimulus Substitution

A concept in conditioning where a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit a similar response.

Fixed Interval

A reinforcement schedule that rewards the first response following the passage of a specified time interval.

Variable Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, leading to a steady rate of response.

Fixed Ratio

In operant conditioning, a schedule of reinforcement where a response is reinforced only after a specified number of responses.