21 : What is the time between the conception of how
to purchase raw material to cash collected from sales
called?
2889144349
Collection period
Cash turnover
Cash conversion cycle
C
None of the above
Answers
Answered by
2
Answer:
CASH CONVERSION CYCLE
Explanation:
Also called the Net Operating Cycle or simply Cash Cycle, CCC attempts to measure how long each net input dollar is tied up in the production and sales process before it gets converted into cash received.
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