The average length of time required to convert materials into finished products and sell that product is called the ____.
A)cash conversion cycle
B)inventory conversion period
C)receivables collection period
D)payables deferral period
E)days sales outstanding

Question

Quizplus · Accepted Answer

The inventory conversion period is the average time taken to convert raw materials into finished goods and sell them.

The Average Length of Time Required to Convert Materials into Finished