题目内容

A company receives 30 days of credit from its suppliers. Inventory turnover averages 15 days. Trade receivables are given 45 days credit. What is the working capital cycle of the company?

A. 90 days
B. 30 days
C. 60 days
D. 0 days

查看答案

搜索结果不匹配？点我反馈

更多问题

Using accruals accounting, which TWO of the following would be included in the 20X1 accounts?

A. The cost of a new machine purchased in X2
B. An electricity bill for October X1 to December X1 payable in January X2
C. December X1 sales invoices for which cash has not been received at the year end
D. The rent invoice for quarter 1 X2 received in December X1

查看答案

It is common for organisations to have a procedure for opening the post which requires two people to open the post together.What is the reason for this procedure?

A. To ensure it is recorded correctly
B. To make sure nothing is missed
C. To prevent fraud
D. To make sure it is date stamped

查看答案

Which part of the economic cycle is defined as “consumption is at its lowest, businesses and banks will be very cautious”?

A. Boom
B. Recession
C. Slump
D. Recovery

查看答案

Which of the following statements about cash budgets and operational budgets is/are true?(1) A cash budget excludes depreciation(2) An operational budget records expenses on an accruals basis(3) An operational budget includes a cost of sales figure

A. 1 only
B. 1 and 2 only
C. 2 and 3 only
D. 1, 2 and 3

查看答案

A company receives 30 days of credit from its suppliers. Inventory turnover averages 15 days. Trade receivables are given 45 days credit. What is the working capital cycle of the company?

A. 90 days B. 30 days C. 60 days D. 0 days

Using accruals accounting, which TWO of the following would be included in the 20X1 accounts?

It is common for organisations to have a procedure for opening the post which requires two people to open the post together.What is the reason for this procedure?

Which part of the economic cycle is defined as “consumption is at its lowest, businesses and banks will be very cautious”?

Which of the following statements about cash budgets and operational budgets is/are true?(1) A cash budget excludes depreciation(2) An operational budget records expenses on an accruals basis(3) An operational budget includes a cost of sales figure

A. 90 days
B. 30 days
C. 60 days
D. 0 days