The time value of money concept is most relevant to: 1) Petty cash management 2) Long-term financial decisions 3) Daily sales records 4) Inventory counting

which of the following account will be least likely involved in the purhasing sub-process of the purchasing and disbursement cycle? a. inventory  b. prepaid expenses c. accounts payable  d. cash in bank

The time between the acquisition of inventory and the collection of cash from receivables is called the:  Group of answer choices accounts receivable period. cash cycle. operating cycle. inventory period.

The time between the acquisition of inventory and the collection of cash from receivables is called the: cash cycle. O operating cycle. accounts receivable period. O inventory period.

"recorded cash sales" what accounts are used

The measure of a company’s ability to collect cash from its customers who purchase onaccount is thea. accounts payable turnover.b. cash conversion cycle.c. accounts receivable turnover.d. days’ payable outstanding.

Transactions involved in the purchases and cash disbursements cycle include: A Debit inventory, credit cash B Debit inventory, credit accounts payable C Debit accounts payable, credit cash D All of these

Which of the following is used in computing cash received from customers using the direct method? a.An increase in inventory b.A decrease in accounts receivable c.A decrease in inventory d.An increase in accounts payable

. Which one of the following defines the cash cycle?  A.  Inventory period plus the accounts receivable period   B.  Inventory period plus the accounts payable period   C.  Operating cycle minus the inventory period   D.  Operating cycle minus the accounts payable period   E.  Operating cycle minus the accounts receivable period

Which of the following options indicate how quickly accounts receivables are converted into cash? Select one: a. Total assets turnover b. Days to collect accounts receivable c. Working capital d. Accounts receivable turnover