The Operating Cycle Is Equal to Days' Sales Uncollected Plus

question 58

True/False

The operating cycle is equal to days' sales uncollected plus days' inventory on hand minus days' payable.

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Definitions:

General Adaptation

General adaptation refers to an organism's response to stressors in its environment in an attempt to restore homeostasis.

Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a period of no exposure to the conditioned stimulus.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Fixed-Interval Schedule

A schedule in which a fixed amount of time must elapse between the previous and subsequent times that reinforcement is available.