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:

Point Bar

A series of low, arcuate ridges of sand and gravel deposited on the inside of a stream bend or meander.

Load Of Sediment

The amount of sediment transported by a fluid, often water or wind, measured over a specific period.

Landslides

Sudden and rapid movement of a large amount of earth material, such as rock and soil, down a slope due to gravity.

Sinuosity

The amount a river or stream channel curves for a given length.