The Longer Its Customers Normally Hold Inventory, the Longer the Credit

question 2

True/False

The longer its customers normally hold inventory, the longer the credit period supplier firms normally offer.Still, suppliers have some flexibility in the credit terms they offer.If a supplier lengthens the credit period offered, this will shorten the customer's cash conversion cycle but lengthen the supplier firm's own CCC.

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Definitions:

Conditional Expression

A statement in programming that evaluates to true or false, determining the flow of control in a program.

Bang Notation

In programming and database management, a syntax used to refer to elements within a collection, often seen as an exclamation point (!) followed by the element name.

Value Argument

A value argument refers to an argument in programming or function calls that passes the actual value of a variable, rather than its reference.

Update Query

A type of SQL query used to modify existing records in a database table.