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IIA Exam IIA-ACCA Topic 8 Question 93 Discussion
Actual exam question for
IIA's
IIA-ACCA exam
Question #: 93
Topic #: 8
[All IIA-ACCA Questions]
Topic #: 8
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?
Suggested Answer:
B
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