The period of time that begins when money is spent on raw materials and does not end until money is collected on the sale of a finished good is known as which of the following?
A) Cash-to-cash cycle
B) Cash budgets
C) Sales-to-cash cycle
D) Accounts receivable-to-cash cycle

Question

Quizplus · Accepted Answer

The cash-to-cash cycle refers to the time period between when a company spends money on raw materials and when it collects money from sales of the finished product.

The Period of Time That Begins When Money Is Spent