____ Refers to the Time Elapsed Between the Formulation and the Execution

question 76

Multiple Choice

____ refers to the time elapsed between the formulation and the execution of a planned activity.

• A) Time gap
• B) Planning horizon
• C) Junction
• D) Wasted time
• E) Critical path gaps

---

Definitions:

Indirect Method

A method used in the Statement of Cash Flows to convert net income into net cash flow from operating activities by adjusting for non-cash transactions and changes in working capital.

Net Cash

The remaining amount of cash after all cash expenses have been paid, reflecting a company's true liquidity position.

Decrease in Inventory

A reduction in the quantity or value of inventory, which can indicate higher sales or issues in supply chain and production.

Operating Activities

Business activities related to the day-to-day functions of producing goods, providing services, and selling products.