The Length of Time Between the Acquisition of Inventory and the Collection

question 370

Multiple Choice

The length of time between the acquisition of inventory and the collection of cash from receivables is called the _______________________.

• A) Operating cycle.
• B) Inventory period.
• C) Accounts receivable period.
• D) Accounts payable period.
• E) Cash cycle.

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Definitions:

Fixed-interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Negative Reinforcer

A stimulus whose removal or avoidance following a behavior increases the likelihood of that behavior being repeated in the future.

Increases

A process or action that causes something to become larger, more numerous, or more significant.

Decreases

The act or process of becoming smaller or fewer in size, amount, intensity, or degree.