Define True or False for each question.

- Would depreciation of properties impact a companys cash balance?

- One of the first outputs from a benchmarking exercise would be to understand whether there is a gap between your performance and the best-in-class performance.

- Would working capital decreases after the company pays the A/P (Account Payable)

- CSCO (Chief Supply Chain Officers) would likely to look at multiple dimensions when evaluating performance (Multiple KPIs like efficiency, rate of improvement, risk, return)

- One current liability you might change to favorably impact the cash conversion cycle would be to lower the total amount of accounts payable outstanding.