Which One of the Following Commences on the Day Inventory

question 8

Multiple Choice

Which one of the following commences on the day inventory is purchased and ends on the day the payment for that inventory is collected? Assume all sales and purchases are on credit.

• A)operating cycle
• B)accounts receivable period
• C)cash cycle
• D)accounts payable period
• E)inventory period

---

Definitions:

Technical Communication

The practice of conveying complex information in a clear and accessible manner to a specific audience, often through written, visual, or digital mediums.

Measures of Excellence

Criteria or standards used to assess the quality or performance of individuals, organizations, products, or services.

Defining Characteristics

The distinctive attributes or features that establish the identity and nature of something or someone.

Technical Communication

involves conveying complex information to specific audiences for practical purposes, ensuring clarity and accessibility.