An Operating Cycle

question 41

Multiple Choice

An operating cycle

• A) is twelve months or less in length.
• B) is the average time required for a company to collect its receivables.
• C) is used to determine current assets when the operating cycle is longer than one year.
• D) begins with inventory and ends with cash.

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Definitions:

Data Type

A classification that specifies the type of data that a variable, object, or database field can hold in programming and database management.

Rename

The action of changing the name of an object, such as a file, folder, or database element, to better reflect its content or purpose.

Last Record Button

A navigation control in database applications that allows users to quickly move to the last entry or record in a dataset.

Navigation Bar

An interface element that provides users with easy access to various sections or features within a website or application.