The Operating Cycle of a Company Is the Average Time

question 87

Multiple Choice

The operating cycle of a company is the average time that is required to go from cash to

• A)sales in producing revenues.
• B)cash in producing revenues.
• C)inventory in producing revenues.
• D)accounts receivable in producing revenues.

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Definitions:

Traditional

Adhering to or advocating for the preservation of established customs, ideas, or systems, usually in opposition to modern innovations or changes.

Procedures

Established ways of performing tasks or activities in organized settings, often following set rules or guidelines to achieve specific objectives.

Bureaucratic

Pertaining to the complex administrative structure and processes of organizations or governments, characterized by formal rules and hierarchy.

Polish Christians

A religious demographic in Poland primarily adhering to Christianity, with the majority being Roman Catholic, but also including other Christian denominations.