The Operating Cycle of a Manufacturer Is the Length of Time

question 145

Multiple Choice

The operating cycle of a manufacturer is the length of time between the

• A)purchase of raw materials and the sale of the goods.
• B)sale of the goods and the collection of any outstanding receivables from the sale of the product.
• C)purchase of raw materials and collection of any outstanding receivables from the sale of the product.
• D)purchase of raw materials and the production of goods.

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Definitions:

Determinant

A factor or element that brings about an outcome or influences a result.

Personality

A relatively stable set of characteristics that influence an individual’s behavior.

Conscientious

Describes a person who is thorough, careful, or vigilant in their duties or responsibilities.

Occupations

Refers to the various categories of jobs or career paths that individuals engage in to earn a living and contribute to society.