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Basic Question 3 of 12

The cash conversion cycle is the time between when inventory is ______

A. acquired and when it is actually paid for.
B. paid for and when the cash is collected from its sale.
C. acquired and when cash is received for the sale.
D. acquired and when it is actually sold.

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

explain the cash conversion cycle and compare issuers' cash conversion cycles

CFA® 2025 Level I Curriculum, Volume 2, Module 4.