If a Firm Takes Actions That Reduce Its Days Sales

question 95

True/False

If a firm takes actions that reduce its days sales outstanding (DSO),then,other things held constant,this will lengthen its cash conversion cycle (CCC)and cause a deterioration in its cash position.

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Definitions:

Propriate Autonomy

A concept in psychology that refers to the development of an independent self, capable of making its own decisions and regulating its own behavior.

Example

A specific case used to illustrate or explain a rule, principle, or phenomenon.

Propriate Striving

An individual's effort to achieve goals and objectives that are consistent with their identity and values.

Self-realization

The fulfillment of one's talents and potentialities, often considered as the highest personal achievement or a key goal in human development.