The Operating Cycle of a Company Is the Average Time

question 169

Multiple Choice

The operating cycle of a company is the average time that is required to go from cash to

• A) sales in producing revenues.
• B) cash in producing revenues.
• C) inventory in producing revenues.
• D) accounts receivable in producing revenues.

---

Definitions:

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter with a certain level of confidence.

Confidence Level

The probability or percentage that a parameter lies within a specified range of values, indicating the degree of certainty about a statistical estimate.

One-sample T Test

A statistical evaluation designed to ascertain if there's a significant difference between the mean of a single sample and a known or assumed mean of a population.

Subjects

Individuals or entities that are observed or experimented upon in scientific or research studies.