Which of the following cycles is not a component of the firm's short-term operating cycle?
A)inventory cycle
B)accounts receivable cycle
C)accounts payable cycle
D)fixed asset cycle

Question

Quizplus · Accepted Answer

The fixed asset cycle involves the acquisition and disposal of long-term assets, such as property, plant, and equipment. It is not a component of the short-term operating cycle, which focuses on the management of current assets and liabilities. The three cycles that make up the short-term operating cycle are the inventory cycle, accounts receivable cycle, and accounts payable cycle.

Which of the Following Cycles Is Not a Component of the Firm's