The Operating Cycle of a Manufacturer Is the Length of Time

question 145

Multiple Choice

The operating cycle of a manufacturer is the length of time between the

• A)purchase of raw materials and the sale of the goods.
• B)sale of the goods and the collection of any outstanding receivables from the sale of the product.
• C)purchase of raw materials and collection of any outstanding receivables from the sale of the product.
• D)purchase of raw materials and the production of goods.

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Definitions:

Recipient

An individual or group that receives or is the target of something, such as information, goods, services, or actions.

Target

A specific objective or goal that individuals or organizations aim to achieve.

Zone of Indifference

A concept in organizational behavior referring to the range of directives that employees are willing to accept without resistance.

Zone of Tolerance

The range within which customers are willing to accept variations in service delivery before their satisfaction is affected.