The Length of Time Between the Acquisition of Inventory by a Firm

question 19

Multiple Choice

The length of time between the acquisition of inventory by a firm and the payment by the firm for that inventory is called the:

• A)operating cycle.
• B)inventory period.
• C)accounts receivable period.
• D)accounts payable period.
• E)cash cycle.

---

Definitions:

Personality Inventory

A questionnaire or other standardized instrument designed to assess various aspects of a person's personality, including traits, behaviors, and preferences.

Social Phobia

An intense fear of social situations.

Agoraphobia

A fear or phobia of public places.

Intense Fear

A strong, uncontrollable, and often irrational reaction to a specific object, situation, or event, leading to avoidance or distress.