The Operating Cycle Begins with the ____ and Ends with the ____

question 79

Multiple Choice

The operating cycle begins with the ____ and ends with the ____.

• A) purchase of resources; selling of the product on credit
• B) payment for purchases; liquidation of receivables
• C) purchase of resources; receipt of cash
• D) payment for purchases; receipt of cash

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Definitions:

Reinforcement

In psychology, a consequence that strengthens an organism's behavior whenever that behavior is preceded by a specific antecedent stimulus.

Positive Behaviors

Actions or conduct that are considered beneficial, constructive, or promoting well-being and positive outcomes.

Secondary Reinforcers

Stimuli that become rewarding through their association with primary reinforcers, such as praise or money.

Organizations

Groups of individuals structured and coordinated to achieve specific goals or perform tasks together under shared rules and guidelines.