- CFA Exams
- CFA Level I Exam
- Study Session 11. Corporate Finance (2)
- Reading 35. Working Capital Management
- Subject 4. Evaluating Accounts Receivable, Inventory and Accounts Payable Management
CFA Practice Question
The ______ is the period of time between the receipt of inventory and the payment for it.
A. accounts payable period
B. cash cycle
C. operating cycle
Explanation: The cash cycle begins once the inventory is paid for. The period of time between the receipt of inventory and payment for it is just a part of the operating cycle.
User Contributed Comments 0
You need to log in first to add your comment.