The elapsed time between an order's receipt,delivery,and payment is called the ________.

Question

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The term that accurately describes the elapsed time between an order's receipt, delivery, and payment is the order-to-payment cycle. Choice A, variable-costs-to-payment cycle, is not an appropriate description of this process. Choice B, product-to-payment cycle, is also not as accurate since it is not just the product being delivered but the entire order that is being taken into consideration. Choice C, inventory-to-sale cycle, is not relevant as it refers to the time it takes to convert inventory into sales. Choice D, order cycle, is close but not as specific as the order-to-payment cycle.

The Elapsed Time Between an Order's Receipt,delivery,and Payment Is Called