A Uniform Resource Locator Is the Address of a Document

question 15

True/False

A uniform resource locator is the address of a document or site on the Internet.

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Definitions:

Operating Cycle

The duration from the acquisition of supplies for production to the collection of payment from the sale of goods, indicating the company's efficiency in managing its inventory and receivables.

COGS

Cost of Goods Sold; the direct costs attributable to the production of the goods sold by a company.

Operating Cycle

The duration between the acquisition of inventory and the collection of cash from receivable accounts in a company's business process.

Collection Period

The average number of days it takes for a business to receive payments owed by its customers, indicating the efficiency of a company's credit and collection policies.