The Operating Cycle Will Decrease with All of the Following

question 111

Multiple Choice

The operating cycle will decrease with all of the following changes EXCEPT

• A) the cost of goods sold increases.
• B) the level of credit sales increases.
• C) the level of inventory decreases.
• D) All of these choices are correct.

---

Definitions:

Modernizing Economies

The process by which traditional or less developed economies transform and grow through industrialization and other changes.

Birthrates

The ratio of the number of births in a given population to the total population size, usually expressed per 1000 individuals per year.

Death Rates

A measure of the number of deaths (in general, or due to a specific cause) per population, often expressed per 1,000 or 100,000 individuals per year.

Fertility Rates

The average number of children born to a woman over her lifetime within a specific population or geographic area.