A series of activities that generates revenues and collects cash from customers is called:
A)the operating cycle.
B)the financing cycle.
C)the accounting cycle.
D)the perpetual cycle.

Name: A series of activities that generates revenues and collects cash from customers is called: A)the operating cycle. B)the financing cycle. C)the accounting cycle. D)the perpetual cycle.
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Question

Quizplus · Accepted Answer

The operating cycle is a series of activities that a company undertakes to generate revenues and,ultimately,cash.

A Series of Activities That Generates Revenues and Collects Cash