A firm has an average age of inventory of 20 days, an average collection period of 30 days, and an average payment period of 60 days. The firm's cash conversion cycle is ________ days.
A) 70
B) 50
C) -10
D) 110
C) -10
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Conceptual equivalence is a type of ________ equivalence
A) construct B) operational C) scalar D) linguistic
The concept of present value is that an amount of cash to be received at some date in the future is the equivalent of the same amount of cash held at an earlier date
Indicate whether the statement is true or false
A systematic inaccuracy in a statistic in measuring what it is intended to measure is considered…
a. bias b. variability c. variance d. skew
ERP vendors sometimes train an organization's employees, called Super Users, to become in-house ERP trainers in training sessions called ________.
A. top-down training B. sprints C. train the trainer D. employ the employer E. on-the-job training