The Operating Cycle Is Defined as the Period of Time

question 137

Multiple Choice

The operating cycle is defined as the period of time between the _____ and the _____.

• A) Payment of an account payable; collection of cash related to that payable.
• B) Purchase; sale of inventory.
• C) Acquisition of inventory; collection of cash from the sale of that inventory.
• D) Sale of a product; collection of payment for that product.
• E) Acquisition of inventory; payment to the supplier of that inventory.

---

Definitions:

Secondary Analysis

The use of existing research data to find new insights or to form new statistical analyses, without needing to perform data collection firsthand.

Mixed Methods Approach

A research approach that combines qualitative and quantitative methods in order to provide a broader perspective on the research question.

Triangulation

A method used in qualitative research to cross-check information and conclusions by using two or more methods, data sources, or researchers to study the same phenomenon.

Secondary Analysis

The process of using existing data collected for a different purpose to conduct a new study.