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Basic Question 5 of 12
The ______ is the period of time between the sale of inventory and the collection of the receivable.
B. operating cycle
C. accounts receivable period
A. cash cycle
B. operating cycle
C. accounts receivable period
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
explain the cash conversion cycle and compare issuers' cash conversion cycles
CFA® 2024 Level I Curriculum, Volume 2, Module 4.