operating cycle period can be reduced by.... a. Increase in period of the credit allowed
b. Decreasing the raw material storage period by creditor
c. Decreasing the processing period
d. None of the above
Answers
Answered by
33
Answer:
I think d is the answer ....
Answered by
3
Explanation:
Among the various options given in question statement, the correct option is
b.
Operating cycle period can be reduced by decreasing the raw material storage period by creditor
In accounting an period of Operating cycle is the sum of the Raw material storage period, conversion time, finished goods storage time, average collection period. This is then subtracted from the average payment period.
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