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CIMAPRA19-F01-1 Exam - Topic 6 Question 14 Discussion

AB has been asked to analyze the receivables days of an entity with a view to improving the working capital cycle.The following results have been produced for receivable days:Which of the following is NOT an explanation of why the days have increased?
C) The entity has transferred all receivables collections to a factoring agency during 20X2.
A) The entity has increased turnover for year ended 31 December 20X2 by offering extended credit terms.
B) The entity has made substantial sales to overseas entities in the last few months of the year ended 31 December 20X2.
D) An inexperienced credit controller was employed in the last few months of year ended 31 December and requires substantial training.

CIMAPRA19-F01-1 Exam - Topic 6 Question 14 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 14
Topic #: 6
[All CIMAPRA19-F01-1 Questions]

AB has been asked to analyze the receivables days of an entity with a view to improving the working capital cycle.

The following results have been produced for receivable days:

Which of the following is NOT an explanation of why the days have increased?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Paz at May 09, 2022, 06:45 PM

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Avery
9 months ago
Wait, transferring to a factoring agency should reduce days, right?
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Kiley
9 months ago
B could also be a factor, but not as much as A.
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Dominga
9 months ago
D makes sense, but how inexperienced are we talking?
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Onita
9 months ago
I think C is the odd one out here.
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Hermila
9 months ago
A is definitely a reason for increased receivable days.
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Carry
10 months ago
Hmm, I'm a bit confused about the difference between the seed_pool and running_pool directories. I'll need to double-check that.
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Dahlia
10 months ago
I've seen global actions used for this kind of functionality before. That's probably the way I'll go on this one.
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Rosita
10 months ago
Hmm, I'm a bit unsure about this one. TACACS+ and RADIUS are both authentication protocols, but I'm not sure which one is the better fit for both wireless and remote access. I'll have to think this through carefully.
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