Multiple Choice
Which of these is not a way in which the length of the operating cycle can be reduced?
A) Reduce the time taken to pay creditors.
B) Impose tighter controls on debtors to encourage prompt payment.
C) Cut back on the average time inventory is held.
D) None of the above, i.e. all are ways in which the length of the operating cycle can be reduced.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Credit policy is composed of:<br>A) collection policies.<br>B)
Q6: The business which is likely to have
Q7: Procedures and techniques for managing inventory are
Q8: In relation to the economic order quantity
Q9: Items which comprise inventory are:<br>A) finished goods.<br>B)
Q11: A decline in the level of working
Q12: An increase in the effort put into
Q13: Which statement concerning the economic order quantity
Q14: If inventory is turned over 7 times
Q15: A firm has annual credit sales of