Question
The length of time customers are given to pay for the purchase of goods is called a. inventory conversion period (ICP). b. days sales outstanding
The length of time customers are given to pay for the purchase of goods is called a. inventory conversion period (ICP). b. days sales outstanding (DSO). c. cash conversion cycle (CCC). d. payables deferral period (PDP).
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Financial Accounting A User Perspective
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
6th Canadian Edition
470676604, 978-0470676608
