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NEW QUESTION: 1
A manufacturing company is working to improve its cash conversion cycle. Factory production has increased over the last year to increase inventory levels. They have an inventory turnover of 3.1 and asset turnover of 5.0. The company has a days' payable of 30 and a days' receivable of60. It has started enforcing its net 30 terms and placed customers with balances outstanding more than 45 days on credit hold. As a result, the company collected receivables quicker but it suffered a 10% loss in sales. What can the company do to reduce its cash conversion cycle?
A. Revise credit policy to be more lenient.
B. Extend payables deferral period.
C. Decrease the days' payable.
D. Pay vendors in advance.
Answer: B
NEW QUESTION: 2
Drag and drop the following speeds to the appropriate wireless standard. Tokens may be used more than once.
Answer:
Explanation:
Explanation
NEW QUESTION: 3
When building a filter, which operator would be used to include or exclude multiple values in the search criteria for a column?
A. In
B. Exclude
C. Out
D. Include
Answer: A
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CPC Exam Info
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CPC Exam Topics
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Check what resources you have available for studying.
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