IIA Business Knowledge for Internal Auditing IIA-CIA-Part3 Question # 135 Topic 14 Discussion

IIA Business Knowledge for Internal Auditing IIA-CIA-Part3 Question # 135 Topic 14 Discussion

IIA-CIA-Part3 Exam Topic 14 Question 135 Discussion:
Question #: 135
Topic #: 14

An organization requires an average of 58 days to convert raw materials into finished products to sell. An additional 42 days is required to collect receivables. If the organization takes an average of 10 days to pay for raw materials, how long is its total cash conversion cycle?


A.

26 days.


B.

90 days.


C.

100 days.


D.

110 days.


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