Which of the Following Statements About a Company's Operating Cycle

question 135

Multiple Choice

Which of the following statements about a company's operating cycle is not ?

• A) Noncurrent items are those expected to come due within one year or the company's operating cycle.
• B) The operating cycle is the time span from when cash is used to acquire goods and services until cash is received from the sale of goods and services.
• C) The length of a company's operating depends on its activities.
• D) For a merchandiser selling products, the operating cycle is the time span between paying suppliers for merchandise and receiving cash from customers.
• E) Most operating cycles are less than one year.

Recognize the factors that shift the production possibilities curve outward indicating economic development.

Grasp the basic concept of opportunity cost and its practical implications in decision making.

Identify the role of unemployment in an economy's production possibilities.

Explain the factors of production and their role in the economy.

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Definitions:

Performance-Based Pay

A compensation system where an employee's pay is directly related to their performance or productivity, often used to motivate and reward high performance.

Employee Productivity

A measure of how efficiently workers complete tasks and contribute to the goals of an organization, often gauged by output per time period.

Employee Retention

Strategies and practices aimed at keeping employees engaged and committed to the organization, thereby reducing turnover and retaining valuable talent.

Merit Pay System

A compensation strategy that rewards employees based on their performance and achievements in the workplace.