Which of the Following Is the Best Definition of Operating

question 393

Multiple Choice

Which of the following is the best definition of operating cycle?

• A) A written statement by a bank that money will be paid, provided conditions specified in the letter are met.
• B) Short-term financing in which the factor purchases all of a firm's receivables and forwards the proceeds to the seller as soon as they are collected.
• C) The time period between the acquisition of inventory and when cash is collected from receivables.
• D) Loan negotiated with banks for day-to-day operations.
• E) Costs that fall with increases in the level of investment in current assets.

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Definitions:

Organizational Citizenship Behaviours

Voluntary actions performed by employees that contribute to the overall positive functioning and culture of an organization, beyond their usual job duties.

Flexible Work Arrangements

Work schedules that allow employees flexibility in how, when, and where they work, often to balance work-life demands.

Flex-Time

A flexible working hours scheme that allows workers to alter workday start and finish times.

Compressed Work Week

An alternative work schedule allowing employees to work their standard hours in fewer days per week.