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Finished goods or delivered services

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Reference no: EM13828218

Problem:

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

Additional Information:

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

Reference no: EM13828218

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