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:

Management Rights

Decisions regarding organizational operations over which management claims exclusive rights.

Collective Agreement

A written contract negotiated between an employer and a union representing the employees, outlining their rights and duties.

Exclusive Rights

Special privileges granted to an individual or organization, allowing them to use, produce, or sell a particular product or service, often protected by law.

Rights Arbitration

Arbitration over interpretation of the meaning of contract terms or employee work grievances