The Accounts Payable Period of the Operating Cycle

question 35

Multiple Choice

The accounts payable period of the operating cycle

• A)is equal to the inventory period.
• B)may run concurrently but shorter than the inventory period.
• C)may run concurrently but longer than the inventory period.
• D)any one of the above may be true.

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Definitions:

Oxidative Phosphorylation

The production of ATP using energy derived from the transfer of electrons in the electron transport system of mitochondria; occurs by chemiosmosis.

Electron Transport Chain

A series of protein complexes and small organic molecules within cell membranes that transfer electrons, driving the synthesis of ATP.

ATP Synthesis

The process of creating adenosine triphosphate (ATP), the cellular energy currency, primarily through cellular respiration in mitochondria or photosynthesis in chloroplasts.

Anaerobic Respiration

A form of respiration where energy is produced in the absence of oxygen, utilizing other electron acceptors and producing different end products.