An Operating Cycle Is the Average Time That It Takes

question 68

True/False

An operating cycle is the average time that it takes to go from cash to cash in producing revenues.

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Definitions:

Government

A system or group of people governing an organized community, often a state.

Special Benefits

Advantages or conveniences granted to a particular group or individual, often unique to their circumstances or status.

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Logrolling

The trading of votes by legislators to secure favorable outcomes on decisions concerning the provision of public goods and quasi-public goods.