The Operating Cycle Is the Time Span Required for a Business

question 96

True/False

The operating cycle is the time span required for a business to repay its long-term liabilities.

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Definitions:

Relaxed

A state of being free from tension and anxiety.

Conditioned Response

A learned response to a previously neutral stimulus that becomes associated with a conditioned stimulus through conditioning.

Dentist's Drill

A tool used by dentists to remove decay from teeth and prepare them for fillings.

Cringing

A physical or emotional reaction of discomfort, embarrassment, or fear, often characterized by shrinking back or cowering.