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Basic Question 5 of 12
The ______ is the period of time between the sale of inventory and the collection of the receivable.
B. operating cycle
C. accounts receivable period
A. cash cycle
B. operating cycle
C. accounts receivable period
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Learning Outcome Statements
explain the cash conversion cycle and compare issuers' cash conversion cycles
CFA® 2025 Level I Curriculum, Volume 2, Module 4.