The Following Statements Are True Regarding the Operating Cycle of a Merchandising

question 15

Multiple Choice

The following statements are true regarding the operating cycle of a merchandising company except:

• A)The operating cycle begins with the purchase of merchandise.
• B)The operating cycle is shortened by credit sales.
• C)The operating cycle ends with the collection of cash from the sale of merchandise.
• D)The operating cycle can vary in length among different merchandising companies.
• E)The operating cycle sometimes involves accounts receivable.

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Definitions:

Interpreters

Tools or individuals that convert high-level programming languages into machine language in real-time, allowing immediate execution.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Class

In object-oriented programming, a template for creating objects that defines a common set of properties and methods for those objects.

Compilers

Programs that translate source code written in a high-level programming language into machine code that a computer can execute.