F1 Exam Dumps : Financial Reporting

The United Kingdom (UK) uses a principle based approach to corporate governance which means:

Identify which of the following are powers that a government would typically grant it's tax authority by placing the appropriate response beside each power.

An entity has a working capital cycle of 120 days which has been calculated in part from the following data:

What is the stock holding period on the basis of 365 days in a year?

Give your answer to the nearest whole day.