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.

Understand the attitudes and personal interests that motivate entrepreneurs.

Distinguish between various backgrounds and experiences of entrepreneurs.

Understand the structure and importance of business plans.

Understand the function and components of optical isolator circuits in I/O modules.

---

Definitions:

Negligent Driving

The act of operating a vehicle in a careless manner that deviates from the care expected to be shown by a reasonably prudent driver in similar circumstances.

Age

The length of time that a person or thing has existed.

Accident

An unexpected and unintentional incident, often causing injury or damage.

Restrictive Covenant

A clause in a contract or deed that limits what the owner of the property can do with it, often to preserve the value of adjacent land.