The average length of time between the purchase of raw material and labor and the payment of cash for them 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 payables deferral period refers to the average length of time between the purchase of raw materials and labor and the payment of cash for them.

The Average Length of Time Between the Purchase of Raw