Finance Objective Questions - Cash Cycle Measuring Days to required to produce goods and Reduction of Assets, a source of funds

Question

1. The cash cycle measures the days required to produce finished goods or delivered services.

True or False

2. In general, the reduction of an asset is a source of funds. 

True or False

Summary

These two objective questions belong to Finance and they deal with cash cycle for measuring days for producing finished goods and reducing an asset to source for funds. These two statements have need to judged whether true or false.

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