Question
28) Which one of these statements is correct? Assume all else held constant. A) decrease in the accounts receivable turnover rate decreases the cash
28) Which one of these statements is correct? Assume all else held constant. A) decrease in the accounts receivable turnover rate decreases the cash cycle. B) The cash cycle is equal to the operating cycle minus the inventory period. C) A negative cash cycle is preferable to a positive cash cycle. D) A decrease in the accounts payable period shortens the cash cycle.
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Information Technology Auditing
Authors: James A. Hall
4th edition
1133949886, 978-1305445154, 1305445155, 978-1133949886
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