The Length of Time Between the Sale of Inventory and the Collection

question 90

Multiple Choice

The length of time between the sale of inventory and the collection of the payment for that sale is called the:

• A) operating cycle.
• B) inventory period.
• C) accounts receivable period.
• D) accounts payable period.
• E) cash cycle.

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Definitions:

Speech

The verbal expression or communication of thoughts and feelings through the articulation of sounds.

Comprehension

The ability to understand and grasp the meaning of something.

Parietal Lobes

Regions of the brain located behind the frontal lobes, involved in processing sensory information regarding the location of parts of the body as well as interpreting visual information and processing language and mathematics.

Spatial Location

The specific coordinates or position of an object or place in space.