The Second Step in the Working Capital Cycle Process Is

question 61

Multiple Choice

The second step in the working capital cycle process is to

• A) order inventory.
• B) purchase or produce inventory for sale.
• C) receive inventory.
• D) sell the inventory for cash or credit.

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Definitions:

Trophic Level

A position in a food chain or ecological pyramid occupied by a group of organisms with similar feeding mode.

Ecosystem

A community made up of living entities and their surrounding physical conditions, interacting together in a biological setting.

Trophic Level

The position an organism occupies in a food chain, based on its source of nutrition and energy.

Energy

Capacity to do work and bring about change; occurs in a variety of forms.