Which One of the Following Will Decrease the Operating Cycle

question 60

Multiple Choice

Which one of the following will decrease the operating cycle?

• A)decreasing the inventory turnover rate
• B)decreasing the accounts payable period
• C)increasing the accounts receivable turnover rate
• D)increasing the accounts payable period
• E)increasing the accounts receivable period

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Definitions:

Income Distribution

Refers to how a country’s total GDP is spread amongst its population, affecting economic equality and citizens' standard of living.

Last Three Decades

Refers to the most recent thirty-year period. Depending on context, this can relate to economic trends, technological advancements, or societal changes that have occurred within that timeframe.

Median Income

The income amount that divides a population into two equal groups, half having an income above that amount and half below, serving as a measure of central tendency.

Hispanic

Relating to, characteristic of, or derived from Spain or Spanish-speaking countries, especially those in Latin America.