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Basic Question 6 of 12

The ______ is the period of time between cash disbursement and cash collection.

A. accounts payable period
B. cash conversion cycle
C. operating cycle

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

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

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