The time between ordering materials and collecting cash from receivables is known as the:
A)operating cycle
B)cash conversion cycle
C)accounts receivable period
D)none of the above

Name: The time between ordering materials and collecting cash from receivables is known as the: A)operating cycle B)cash conversion cycle C)accounts receivable period D)none of the above
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

The operating cycle is the time it takes for a company to purchase inventory, sell products, and collect cash from customers.

The Time Between Ordering Materials and Collecting Cash from Receivables