Which of the Following Activities Is Not a Component of the Operating

question 55

Multiple Choice

Which of the following activities is not a component of the operating cycle?

• A)Sale of merchandise
• B)Payment of employees' salaries
• C)Collection of cash from merchandise sales
• D)Purchase of merchandise

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Definitions:

Entrepreneurs

Individuals who initiate, manage, and assume the risks of starting and running new businesses or ventures.

Network Design Organization

A structured arrangement of elements including hardware, software, and protocols, aimed at ensuring efficient and secure communication within an organization.

Information Technology

The study and use of systems for storing, retrieving, and sending information, typically involving computers and telecommunications.

Organizational Levels

The hierarchy within an organization, typically ranging from upper management to lower-level employees, each with different responsibilities.