IIA Exam IIA-ACCA Topic 6 Question 65 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 65
Topic #: 6

An organization requires an average of 58 days to convert raw materials into finished products to sell. An average of 42 additional days is required to collect receivables. If the organization takes an average of 10 days to pay for the raw materials, how long is its total cash conversion cycle?

A26 days.

B90 days.

C100 days.

D110 days.

Show Suggested Answer

Suggested Answer: B

by Eladia at Oct 18, 2023, 07:27 AM

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