- 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 operating cycle minus the accounts receivable period leaves the inventory period.
Correct Answer: True
The operating cycle is the sum of the accounts receivable period and the inventory period.
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