A company's operating cycle and fiscal year are usually the same length of time.

Name: A company's operating cycle and fiscal year are usually the same length of time.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A company's operating cycle and fiscal year may or may not be the same length of time. The operating cycle refers to the time it takes for a company to turn its inventory into cash, while the fiscal year is the period of time used for financial reporting and may be determined by the company's needs or regulations.

A Company's Operating Cycle and Fiscal Year Are Usually the Same