The Period of Time That Begins When Money Is Spent

question 12

Multiple Choice

The period of time that begins when money is spent on raw materials and does not end until money is collected on the sale of a finished good is known as which of the following?

• A) cash-to-cash cycle
• B) cash budgets
• C) sales-to-cash cycle
• D) accounts receivable-to-cash cycle

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Definitions:

Habituation

The process by which there is a decrease in response to a stimulus after being repeatedly exposed to it.

Attention Recovery

The process of regaining concentration and focus on a task or environment after being distracted or disengaged.

Visual-recognition Memory

The ability to recognize previously encountered objects, symbols, or individuals by sight.

Habituation

The process of becoming accustomed to a stimulus through repeated exposure, leading to a decrease in response.