The Operating Cycle Is the Time Between

question 54

Multiple Choice

The operating cycle is the time between

• A) selling products to customers and the realization of cash.
• B) purchase of inventory and selling to customers.
• C) manufacture of products and receiving cash from customers.
• D) acquisition of assets for processing and the realization in cash or cash equivalents.

---

Definitions:

Political Lobbying

The act of attempting to influence decisions made by officials in the government, often by organizations or individuals with vested interests.

Job Responsibilities

The specific duties, tasks, and functions that an individual is expected to perform as part of their employment role.

Expansion of Job Duties

The broadening of tasks and responsibilities assigned to a position or employee over time.

Subcontracting

The process of assigning or outsourcing part of the obligations and tasks under a contract to another, outside party.