The Operating Cycle Begins with

question 51

Multiple Choice

The operating cycle begins with

• A)the acquisition of goods.
• B)the receipt of cash from customers.
• C)the payment for goods.
• D)the initial investment by owners.
• E)the sales to customers.

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Definitions:

Supervisor

A person who oversees the work of others, ensuring tasks are completed effectively and efficiently while providing guidance and support.

Diagonal Communication

The transmission of messages to higher or lower organizational levels in different departments.

Organizational Levels

The hierarchical layers within an organization, structured according to authority, responsibility, and communication flow.

Downward Communication

The transmission of messages from higher to lower levels in an organization.