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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)
  • A
    4% (2)
  • B
    80% (37)
  • C
    4% (2)
  • D
    11% (5)

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