Which One of the Following Commences on the Day Inventory

question 79

Multiple Choice

Which one of the following commences on the day inventory is purchased and ends on the day the payment for the sale of that inventory is collected? Assume all sales and purchases are on credit.

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

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