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

question 357

Multiple Choice

The length of time between the sale 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:

Vas Deferens

The excretory duct of the testes.

Electrocautery

A surgical technique using electrical current to burn and seal tissue, aiding in cutting, removing, or stopping bleeding.

Clamping

The act of using a device to hold or secure objects tightly together to prevent motion or separation.

Vasectomy

A surgical procedure performed on males for permanent contraception, by cutting and sealing the tubes that carry sperm.