When Determining the Operating Cycle, Which of the Following Components

question 152

Multiple Choice

When determining the operating cycle, which of the following components reduce the length of the cycle?

• A) increases in the inventory period
• B) increases in the accounts receivable period
• C) increases in the accounts payable period
• D) increases in the fixed asset period

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Definitions:

Birds Depend

The ecological principle that birds' survival and reproductive success depend on various environmental factors.

Union

An association or amalgamation of individuals or groups for a common purpose, often used in the context of labor organizations or the act of joining.

Strike

A strike is a collective action undertaken by workers, refusing to work to enforce demands concerning their employment conditions, such as wages, hours, or benefits.

Vacation Days

Days allocated to an employee on which they are allowed to be absent from work, typically for rest or leisure.