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Juliette [100K]
3 years ago
11

Which of the following is NOT true of the cash conversion​ cycle?

Business
1 answer:
faltersainse [42]3 years ago
4 0

Answer:

C. Cash Conversion Cycle​ = Production Cycle​ + Collection Cycle​ + Payment Cycle

Explanation:

At first glance, it is easy to identify that alternatives A and C are antagonistic meaning that one or the other must NOT be true.

Cash conversion cycle (CCC) describes the amount of days a company requires  to convert its investments into cash flows from sales.

Production Cycle​ and Collection Cycle are both related to assets and thus are positive in the equation for the CCC. The payment cycle is a liability and therefore must be taken as negative in the equation.

The alternative C. Cash Conversion Cycle​ = Production Cycle​ + Collection Cycle​ + Payment Cycle is NOT true

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Ollver is the vice president of production at his company and has been managing the launch of nen software systems. He worked wi
luda_lava [24]

Answer:

Part 1. Marketing Department

Part 2. Sales Department

Explanation:

The Marketing department is the one which is responsible for creating product awareness among the target market segment customers. The marketing department assesses the best option to approach the customers present in the market segment. The option that will generate greater product awareness and is less costly to the organization is the best option that the market department tries to find to reach customers.

On the other hand, the Sales department is responsible to approach its potential customers to ensure that sales targets are met. They are the ones who will finalise the dealings between the company and the customer to sell the products or services.

6 0
4 years ago
The Dogwood Technology Company managerial accountant computes the May total variance report. The budgeted fixed overhead was $ 4
Jobisdone [24]

Answer:

$750 favorable ; $200 unfavorable

Explanation:

The computations are shown below:

For fixed overhead budget variance:

= Budgeted fixed overhead - actual fixed overhead

= $47,420 - $46,670

= $750 favorable

For fixed overhead volume variance:

= Budgeted fixed overhead - standard fixed overhead cost allocated to production

= $47,420 - $47,220

= $200 unfavorable

Hence we consider all the given information

8 0
3 years ago
Pear Corporation is considering Alternative A and Alternative B. Costs associated with the alternatives are listed below:
makkiz [27]

Answer: B) Only materials costs are relevant

Explanation:

When choosing between alternatives, the main decider is the difference in costs. The costs that are different are the ones to decide whether a company takes on a project as it will signal the financial viability of a project.

In both alternatives, the Processing costs remain at $37,000 therefore the alternative chosen is irrelevant to these costs as they will be incurred regardless of the company's choice. They are therefore not to be considered.

Material costs on the other hand vary by the alternatives and so should be considered.

5 0
3 years ago
"On Thursday, May 16th, a registered representative receives an order to sell 100 shares of ABC stock that has been "transferred
STALIN [3.7K]

Answer:

Monday, May 20th

FINRA rules states for orders to sell, the said firm must give strong assurance that the securities will be delivered within 2 business days. Doing the math; two business days after Thursday May 16th falls on a new week which would be Monday May 20th.

8 0
4 years ago
Read 2 more answers
Emma, the facilities director for a college of business, was very involved in the purchase process for remodeling the student lo
Diano4ka-milaya [45]

Answer:

Procurement department is the best suited answer

Explanation:

Emma is following the procedure of procurement here as it is the responsibility of procurement to search the desired product and negotiate it. It is the job of procurement department to  issue purchase orders, develops term contracts, and acquires supplies and services. Although it is the higher authorities to have a final say but it is the job of procurement department to enlist and gather all the information for the higher authorities.

7 0
3 years ago
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