Which of the Following Statements About a Company's Operating Cycle

question 71

Multiple Choice

Which of the following statements about a company's operating cycle is not true:

• A)Non-current items are those expected to come due within one year or the company's operating cycle.
• B)The operating cycle is the time span from when cash is used to acquire goods and services until cash is received from the sale of goods and services.
• C)The length of a company's operating cycle depends on its activities.
• D)For a merchandiser selling products,the operating cycle is the time span between paying suppliers for merchandise and receiving cash from customers.
• E)Most operating cycles are less than one year.

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Definitions:

Anger

An emotional response characterized by annoyance, displeasure, or hostility.

John Bowlby

A British psychologist and psychiatrist who is considered the father of attachment theory, which emphasizes the importance of early emotional bonds.

Grief

The complex emotional response to loss, particularly to the loss of someone or something to which a bond was formed, characterized by feelings of sadness, loneliness, and longing.

Jacobs' Stage Theory

A proposed model for understanding human cognitive development, typically attributing stages to different ages or periods of life.