In order to shorten the financing period of the cash conversion cycle,a manager can speed up the collection period or slow down the payable cycle.

Question

Quizplus · Accepted Answer

Shortening the financing period of the cash conversion cycle involves reducing the time it takes to collect payment from customers and increasing the time taken to pay suppliers, which can be achieved by speeding up the collection period or slowing down the payable cycle.

In Order to Shorten the Financing Period of the Cash