Net Operating Cycle Measures How Many Days, on Average, It

question 4

Multiple Choice

Net operating cycle measures how many days, on average, it takes a company to ________ (choose three options) .

• A)purchase and sell inventory
• B)collect the receivable
• C)pay back creditors
• D)restock inventory

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Definitions:

Compensation

Represents the payment or remuneration provided to employees for their work or services.

Teamwork

The collaborative effort of a group to achieve a common goal or complete a task in the most effective and efficient way.

Constructive Purpose

Engaging in activities or behaviors with the intention to bring about positive outcomes, improvements, or benefits for oneself or others.

Recognition Programs

Initiatives or schemes designed to acknowledge and reward employees' achievements, contributions, and performance.