What Is the Operating Cycle? Describe a Business Entity with an Operating

question 110

Essay

What is the operating cycle? Describe a business entity with an operating cycle of less than six months and a business with an operating cycle of more than one year.

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Definitions:

Protein Synthesis

The biological process by which cells generate new proteins, involving transcription of DNA to mRNA and then translation of mRNA on ribosomes to assemble the protein.

Ketogenesis

Production of ketone bodies, such as from acetyl-CoA.

Gluconeogenesis

A metabolic pathway that results in the generation of glucose from certain non-carbohydrate carbon substrates such as lactate, glycerol, and amino acids.

Amino Acids

Organic compounds that combine to form proteins, serving as the building blocks of proteins and are essential for the synthesis of hormones and neurotransmitters.