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Elden [556K]
3 years ago
5

The operating cycle of a company: Multiple Choice Is the time it takes to acquire a loan, pay the interest, and retire the loan

by paying the creditor in full. Must be less than one year. Is the time it takes to purchase inventory, sell inventory, and collect cash from the sale. Is usually greater than one year.
Business
1 answer:
densk [106]3 years ago
4 0

Answer:

c. Is the time it takes to purchase inventory, sell inventory, and collect cash from the sale.

Explanation:

The operating cycle of a company in this context is the average period of time that is required for the company to make an initial outlay of cash to produce product and services, sell and receive cash from consumers in exchange of goods or services.

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Corrective action is a control principle that states that managers should be informed of a situation only if data show a signifi
OLga [1]

Answer:

Management by exception.

Explanation: It is a management style in business that focuses only on dealing with cases that are beyond the norm or exceptional, It is a good strategy in project management.

The main purpose of this management style is to bring to the notice of the management only important situations that shows variation to the business out.

Advantages of Management by exception.

• It help employees to adopt their own approach to achieve results thereby serving as a motivation to them.

• It helps the management to make good use of their time.

6 0
3 years ago
Read 2 more answers
Which one of the following is an example of a nondiversifiable risk?
SSSSS [86.1K]

Answer:

A well-respected chairman of the Federal Reserve Bank suddenly resigns

Explanation:

A non-diversifiable or systematic risk, is a risk which is common to a whole market or class of investments and not just limited to just a particular company or investment.

Non-systematic risk is a risk common to just an investment or a company.

If the chairman of the Federal Reserve Bank suddenly resigns, it would affect a wide range of investments in the market and not just a company, which is an example of a non-diversifiable risk.

3 0
3 years ago
How does this app work?
konstantin123 [22]
Well people from all over answer u questions and when u answer u get points and level up and u need points to ask questions
6 0
3 years ago
Read 2 more answers
The Office Supplies account had a balance at the beginning of year 3 of $4,000 (before the reversing entry). Payments for purcha
snow_lady [41]

Answer:

a. Office Supplies Expense a/c Dr. $750

Explanation:

We are provided that office supplies are recorded as an expense, in that case entry will be:

Office Supplies Expense A/c Dr.

                 To Cash A/c

After this, there is a valuation of closing balance of supplies in hand.

As per books = $4,000

As per inventory of supplies in hand = $4,750

The difference = $4,750 - $4,000 = $750

This will be recorded in Office supplies expense as in this account only the supplies are recorded.

Therefore correct option is

a. Office Supplies Expense a/c Dr. $750

4 0
3 years ago
Calculations of cost and benefit are always which of the following?
alexandr402 [8]

Answer:

D.

Explanation:

It’s subjective.

I think it’s subjective because it’s about the benefit of the calculations of a cost.

6 0
2 years ago
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