Improvements to cash management include all of the following EXCEPT a reduction in
A) the average age of inventory.
B) the cash conversion cycle.
C) the cash turnover.
D) the average collection period.

Question

Quizplus · Accepted Answer

Improving cash management typically involves reducing the time it takes to convert resources into cash, which includes reducing the average age of inventory, the cash conversion cycle, and the average collection period. However, reducing cash turnover is not an improvement, as higher cash turnover indicates more efficient use of cash.

Improvements to Cash Management Include All of the Following EXCEPT