IIA Exam IIA-ACCA Topic 10 Question 83 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 83
Topic #: 10

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 Corrina at Aug 07, 2024, 03:00 AM

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Ilene

3 months ago

I calculated it and I also got C) 100 days as the answer.

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Jean

3 months ago

I'm not sure, but I think it might be B) 90 days.

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Tanesha

4 months ago

I'm confident that the correct answer is 26 days. The math checks out, and it makes the most practical sense.

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Yuki

3 months ago

I agree with the first user, 26 days makes the most sense based on the information given.

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Shanice

3 months ago

I'm not so sure, I think it might be 90 days. Let's double check the calculations.

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Gladys

3 months ago

I think the answer is 26 days too. It seems like the most logical choice.

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Linsey

4 months ago

I disagree, I believe the answer is D) 110 days.

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Laurel

4 months ago

I think the answer is C) 100 days.

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Jade

4 months ago

Wait, is this a trick question? What if the answer is 'just add water'? You never know with these exams.

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Kenny

4 months ago

Whoa, 110 days? That's way too much time to get your money back. I doubt that's the right answer.

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Tonja

3 months ago

D) 110 days.

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Raina

3 months ago

C) 100 days.

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Ethan

3 months ago

B) 90 days.

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Osvaldo

3 months ago

A) 26 days.

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Denae

4 months ago

I think the correct answer is D) 110 days, considering the time taken for each step in the process.

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Abel

4 months ago

I believe the answer is C) 100 days, as it seems more reasonable to me.

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Emmanuel

4 months ago

I'm leaning towards option A, 26 days. That makes the most sense to me.

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Florinda

3 months ago

I agree with you, option A, 26 days, seems like the correct answer.

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Anissa

3 months ago

I believe it's 110 days.

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Mattie

4 months ago

I think the total cash conversion cycle is 100 days.

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Tabetha

4 months ago

I agree with Yuki, because the total cash conversion cycle includes all three components.

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Yuki

4 months ago

I think the answer is B) 90 days.

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Willard

4 months ago

Hmm, 90 days seems a bit too long for the cash conversion cycle. Let's think this through carefully.

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Paris

3 months ago

Great, so the total cash conversion cycle is 100 days.

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Caitlin

3 months ago

You're right, it's 100 days.

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Arminda

3 months ago

No, I believe it's 100 days.

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Mi

3 months ago

I think it's 110 days.

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Brandee

4 months ago

D) 110 days.

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Lyda

4 months ago

C) 100 days.

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Oretha

4 months ago

B) 90 days.

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Eliseo

4 months ago

A) 26 days.

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