AFP
CTP · Question #196
(Topic 2) An evaluated receipts settlement would be MOST commonly used in an environment where:
The correct answer is B. inventory turns over rapidly. See the full explanation below for the reasoning.
Question
- (Topic 2)
An evaluated receipts settlement would be MOST commonly used in an environment where:
Options
- Athe cash conversion cycle is typically long.
- Binventory turns over rapidly.
- Cvolumes involved are small.
- Dthe supplier sends an invoice.
How the community answered
(46 responses)- A4% (2)
- B80% (37)
- C4% (2)
- D11% (5)
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