The Following Statements Are Regarding the Operating Cycle of a Merchandising

question 14

Multiple Choice

The following statements are regarding the operating cycle of a merchandising company except:

• A) The operating cycle begins with the purchase of merchandise.
• B) The operating cycle is shortened by credit sales.
• C) The operating cycle ends with the collection of cash from the sale of merchandise.
• D) The operating cycle can vary in length among different merchandising companies.
• E) The operating cycle sometimes involves accounts receivable.

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Definitions:

Inner Ear

The innermost part of the ear, containing the cochlea, vestibule, and semicircular canals, which are responsible for sound detection and balance.

Sclera

The white, opaque, fibrous, outer protective layer of the eyeball, extending from the cornea to the optic nerve.

Ciliary Body

A ring-shaped tissue in the eye that connects the iris to the choroid, playing a key role in focusing vision and producing aqueous humor.

Optic Nerve

The cranial nerve that transmits visual information from the retina to the brain.