Which One of the Following Is the Length of Time

question 31

Multiple Choice

Which one of the following is the length of time that a retailer owes its supplier for an inventory purchase?

• A)inventory period
• B)operating cycle
• C)cash cycle
• D)accounts payable period
• E)accounts receivable period

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Definitions:

Marble Finish

A design or textural effect resembling the smooth, often polished surface of marble, used in various products or interiors.

Negotiation Close

A close in which buyer and seller find ways for everyone to have a fair deal.

Fair Deal

An agreement or transaction that is considered equitable and just to all parties involved.

True Objections

Genuine concerns or issues raised by a prospect that can potentially block a sale, requiring direct attention and resolution.