Exit CIMA-F1 F1 - Financial Reporting
Question 1 of 5
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Q1 Single choice

PZ has the following working capital ratios:

Which of the following could be the reason for the movements?

  • A

    PZ has introduced a new policy to take discounts from suppliers during 20X1.

  • B

    The workforce of PZ have been on strike for a month during 20X1 but deliveries of inventory have still been received by the entity.

  • C

    A new credit controller has been employed who has been more rigorous with their collection procedure of receivables.

  • D

    PZ has implemented a just-in-time system of ordering inventory during 20X1.

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