Examlex
Which of the following is not a component of the operating cycle?
Expenditure
Money spent or cost incurred in an organization's efforts to generate revenue, representing the consumption of goods and services.
Discount Period
The time period between the date of sale and the due date, during which a payment may be made at a reduced rate.
Capital Investment
Funds spent by a company to acquire or upgrade physical assets such as buildings, machinery, or equipment to boost its long-term revenue and profitability.
Recovery
The process of regaining possession or control of something lost or taken away, or the period of economic rebound following a recession or downturn.
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