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How could you prevent the spread of harmful bacteria in food that may be contaminated, focusing on Stage One of the chain of infection?
Operating Cycle
The time period between the acquisition of inventory and the collection of cash from receivables, indicating the efficiency of a company's cash flow.
Cash Sales
Revenue received immediately in currency or by check at the time of sale.
Credit Sales
Sales made by a business where payment is delayed as per agreement, rather than requiring immediate payment in cash.
Acid-Test Ratio
A liquidity ratio that measures a company's ability to pay off its current liabilities with its quick assets.
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