A Firms' Operating Cycle Measures

question 104

Multiple Choice

A firms' operating cycle measures

• A) the time that elapses from the firm's receipt of raw materials until it pays for those materials.
• B) the time that elapses from the payment of raw materials until the firm is paid for its finished product.
• C) the time that elapses from the firm's receipt of raw materials to begin production to its collection of cash from the sale of the finished product.
• D) none of the above.

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Definitions:

Benefits

Advantages or payments made to individuals or groups, often from governments or employers, to support well-being or provide assistance.

Medicare

A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.

Eligible Americans

Citizens of the United States who meet specific criteria set by law, allowing them to participate in activities such as voting or receiving certain benefits.