- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 4. Working Capital and Liquidity
- Subject 1. Cash Conversion Cycle
CFA Practice Question
True or False? The longer the cash cycle, the more financing a firm requires.
Correct Answer: True
This means the firm has a longer period between its cash outflows and its cash inflows, meaning this difference must be financed.
User Contributed Comments 0
You need to log in first to add your comment.