The Operating Cycle Is the Length of Time from the Receipt

question 24

Multiple Choice

The operating cycle is the length of time from the receipt of inventory until the

• A) beginning of the cash conversion cycle.
• B) end of the cash conversion cycle.
• C) payment of accounts payable.
• D) collection of cash from sales.

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Definitions:

Tension

A force that stretches material or causes it to be pulled apart.

Columnar Joints

Vertically oriented, hexagonal columns of rock that form as a result of the cooling and contraction of volcanic or igneous rocks.

Internal Strain

The deformation within a material or body due to applied stress or pressure.

Displacement

The movement of a body or object from one position to another, often used in geology to describe the shift in position of rock layers along a fault.