The Operating Cycle Is the Recurring Transition of a Firm's

question 244

True/False

The operating cycle is the recurring transition of a firm's working capital from cash to inventories and inventories to receivables and back to cash.

---

Definitions:

Primary Pollutant

A contaminant released directly into the atmosphere from identifiable sources, contributing directly to air pollution.

Coal

A combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams, used primarily as a source of energy.

Carbon Monoxide

A colorless, odorless, and poisonous gas produced by incomplete combustion of carbon-containing materials.

Ozone

A molecule made up of three oxygen atoms that occurs naturally in the Earth's stratosphere and protects life by absorbing ultraviolet radiation.